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In Brief:

      • According to a recent study, pet owners spent an estimated $95 billion on their pets in 2019.
      • Pet owners actually spent more on pet food than veterinary services over the course of last year.
      • Pet franchises typically provide a wide range of services and products including food, toys, grooming, and check-ups.

Pets are still big business in the U.S. According to the annual National Pet Owners Survey that is conducted by the American Pet Products Association, Americans spent over $95 billion on their pets in 2019. Contrary to popular belief, the number one expense for pet owners is not veterinary services but food. Over that same time period, pet owners spent $36.9 billion on food and a comparably much smaller  $29.3 billion on veterinary visits. With over 67 percent of Americans owning at least one dog, entrepreneurs have noticed this remarkable growth in revenue over the last few years with budding enthusiasm. 

The fastest growing pet franchise services are those who offer boarding services, spa services, and a wide variety of pet products. Studies over the last few years have also shown that pet owners are typically happier, feel less lonely, and have higher self-esteem. These added benefits of pet ownership have led to a boom in the pet adoption industry over the past few months since the pandemic started. Check out the top pet franchises of 2020 and start your pet, entrepreneurial journey today.

The Three Best Pet Franchises

1. Pet Supplies Plus

Pet Supplies Plus provides a wide range of premium food, toys, pet cleaners, and much more. The pet franchise also offers grooming, dental care, vaccines, nail clipping, and flea removal. Founded in 1987 by Jack Berry and Harry Shallop, Pet Supplies Plus has steadily increased its locations since. There are currently an estimated 500 locations in operation with more on the way. Pet Supplies Plus prides itself on being the go-to destination for all pet necessities to ensure your pet stays happy and healthy.

2. Pet Wants

Pet Wants is a large-box retail store that caters to everything a pet owner could need to keep their pet healthy. This pet franchise provides the best pet food, supplies, training aids, toys, and much more. Franchisees can either choose to operate a big-box model which requires a large investment or a mobile franchise model. The mobile franchise model centers around delivery of premium pet products to the customer in a timely manner. Pet Wants currently operates over 125 locations nationwide of which none are company owned. 

3. Central Bark

Central Bark was founded by Jackie Jordan in 1997 as the premium pet-boarding service in the nation. Pet-owners can rest easy knowing that their pets will be cared for with expert care by knowledgeable animal lovers. Central Bark offers a day-care service for owners who work and do not want to leave their pet home alone all day or a boarding service for owners who plan to travel. Central Bark’s day-care service centers around socialization, exercise, and health. There are currently an estimated 30 locations in operation with a majority centered in Wisconsin.

Find Your Pet Franchise Today

Pet franchises are some of the most recognizable and profitable franchises in the industry. Browse through all business services franchises here and take the first step to being your own boss.

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