Reasons To Invest/Funds Needed for a Dogtopia Franchise in Michigan
As pet spending continues to grow rapidly, now is the time invest in a Dogtopia franchise in the Michigan area. According to the American Pet Products Association (APPA), pet spending has reached an all-time high of more than $63 billion in the United States in 2013. Additionally, 62 percent of U.S. households own a pet, which equates to 72.9 million homes, demonstrating there is a significant population that can benefit from dog daycare.
- Earning potential for Dogtopia franchisees has shown to increase as the store matures.
- The average investment to open a single Dogtopia location (franchise) is $350,000.
- Dogtopia owners benefit from four distinct revenue streams: dog daycare, boarding, spa and retail.
- With multiple revenue streams, Dogtopia is able to uniquely serve the pet service marketplace.
Dogtopia franchisees own their own business, but are never in business alone. From signing to opening, Dogtopia’s hands-on team provides the proven training programs and necessary resources to ensure its franchisees’ success.