THE PAW STREET MARKET FRANCHISE OPPORTUNITY
I am Mary Young; the founder of Paw Street Market and I bring 30 years of in-depth experience in pet retail stores to the business. My experience includes 12 years as Director of Operations of a pet retail chain (which included both franchised and corporately owned locations), during which time I successfully opened 23 new locations. My experience also included 11 years as the Head Buyer for 23 pet stores ranging from the retail chain to the main warehouse.
I have dedicated the past 5 years, to conceptualizing, planning, opening and operating four Paw Street Markets and I am now in a position to offer Paw Street Market as a franchise opportunity to people who share my passion for pets and the pet retail industry in general.
My experience combined with the relationships we have established with suppliers, purchasing power, marketing programs and the systems I have integrated into the business, will significantly reduce your learning curve and help you run a stress-free and profitable business.
Sincerely, Mary Young, Founder, Paw Street Market.
The Pet Industry is experiencing Explosive Growth!
The pet industry is booming! The global pet care market is expected to reach USD 202.6 billion by 2025, according to a new report by Grand View Research, Inc. The global pet care market size was estimated at USD 131.7 billion in 2016 and is expected to grow with a compound annual growth rate of 4.9% from 2016 to 2025.
According to The American Pet Products Association, almost 85 million households have a pet and over the last 30 years pet ownership has gone from 56% to 68% of all households. The average pet owner spends more than $2,000 a year on their animal, according to a new study. Research examining the financial commitment of keeping a dog or cat revealed it costs an average of $2,260 to take care of them for an entire year alone, which adds up to $20,000 over a 10-year period.
What is the Estimated Initial Investment for a Paw Street Market business?
A Paw Street Market pet retail store requires an estimated initial investment ranging from around $346,000 to $565,000 (plus applicable taxes) depending on a number of factors, including the size of the store and the amount of tenant improvement allowances provided by the landlord. This amount includes the Initial Franchisee Fee, leasehold improvements, equipment, initial inventory, grand opening promotion, insurance, working capital, and miscellaneous start-up items.
You are required to have sufficient capital (including around 50% in unencumbered cash), to purchase the franchise, pay for the development of the premises, and have sufficient working capital available to cover the start-up phase of the business. We do not provide financial assistance to franchisees.
The Paw Street Market ‘Mutual Investigation Process’
We have developed a “Mutual Investigation Process” which allows both parties to exchange information in a sequential manner and proceed at their own pace. During this process you will be required to provide adequate information for us to evaluate your potential as a Paw Street Market franchisee. At the same time, you will be receiving sufficient information from us about the franchise opportunity that will allow you to decide if you wish to move forward at each stage of the application process.
If you have the funds to invest in the business, the ability to get started within 120 days, and would like more information about a Paw Street Market franchise opportunity, we invite you to contact us and we will reply to you with some documentation for you to fill out. if you meet our preliminary selection criteria. We do not share your information with any outside parties unless you specifically authorize us to do so. ( * required fields)