Is a Pet Store Franchise a Good Business Opportunity?
IS A PET STORE FRANCHISE A GOOD BUSINESS OPPORTUNITY?
In the booming pet care industry, multiple avenues present solid investment options. In order to succeed against online retailers and big-box chains, you’ll need to be prepared to offer services and products that prove indispensable to pet parents and their pets.
DEFINE YOUR APPROACH
Unlike other pet store franchises that supply food, toys, and other pet products, when you offer routine care and grooming you provide something that other businesses cannot: hands-on care for animals’ health and wellness. Recently valued at $9.9 billion, the pet grooming industry is expected to grow at a compound annual growth rate (CAGR) of 5.7 percent over the coming years.
The sheer size and scope of the industry offers ample opportunities for entrepreneurs while also presenting the challenge of setting your business apart in a vast and varied market.
As with almost any industry nowadays, online retailers tend to dominate with both their accessibility and impulse appeal. But studies show that customers still rely on the dependability of brick-and-mortar providers for their ongoing needs. With spending on pet care topping $100 billion in the United States annually, Scenthound offers entrepreneurs the opportunity to provide unique, quality services that other retailers simply cannot, making them a standout brand with burgeoning demand, in an otherwise competitive industry.
STAND OUT FROM THE PACK
Consider the other pet store franchises in your community and think about how yours will be different. The most successful owners look to their potential customers and design their businesses around meeting their needs.
After the stay-at-home measures were enacted during the COVID-19 pandemic, pet ownership rates increased like never before, resulting in a massive uptick in the need for various pet care services. Now more than ever, people are spending time and money caring for their animals. And they are demanding a more comprehensive approach from pet businesses to get their money’s worth and provide top-quality care for their four-legged family members.
Scenthound offers customers membership-based routine care that not only keeps dogs clean and healthy, but also provides Scenthound franchisees with repeat and continuous revenue potential. Unlike other pet stores that rely on one-time purchases, Scenthound is dedicated to maintaining the ongoing wellness of its four-legged clientele, giving “Scenter” owners the opportunity to foster and build relationships with a loyal and growing customer base.
RUN WITH THE ALPHAS
Whether you are a new entrepreneur or a seasoned pro, building your own business from scratch can be overwhelming. If you are passionate about pets and determined to make your mark in a rapidly growing industry, franchise businesses present an ideal opportunity to unite your drive with years of industry experience and expertise.
Any concerns about running a new business can be put to rest with the backing of an established brand that offers a unique concept, extensive training, ongoing support, and targeted marketing techniques to bolster your opportunities for success.
Pet store franchises that have been around long enough to know how to anticipate market fluctuations, industry trends, and technological advancements offer a streamlined system to help you fulfill your entrepreneurial goals.
LEAD WITH SCENTHOUND
If anyone understands that pet care is a good business opportunity, it’s Scenthound. What started with a single mobile grooming van in 2005 developed into a revolutionary franchise concept that is quickly developing across the country.
Scenthound stands leaps and bounds above traditional grooming businesses by being the country’s first membership-based, wellness-focused pet franchise that takes a modern, holistic approach to pet care.
With an award-winning franchise system, Scenthound is proud to offer prospective franchisees the backing of a unique brand and dedicated leadership network that is invested in your success. Such a specialized approach to pet wellness, customer service, and franchisee support makes Scenthound an industry leader with unmatched potential.
Learn more about Scenthound franchising opportunities in your area today.