- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$61K - $294K
- Units as of 2019
-
1 0.0% over 3 years
Company Overview
About petNmind
Industry | Pets |
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Related Categories | Pet Stores,Pet Care |
Founded | 2014 |
Leadership | Adrian Archie, CEO |
Corporate Address | 6586 N.W. 97th Dr. Parkland, FL 33076 |
Business Overview
Franchising Since | 2020(3 years) |
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Where seeking | 这种同情ny is offering new franchisees in the following US states: 这种同情ny is offering new franchisees in the following international regions: |
# of Units | 1(as of 2019) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a petNmind franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$20,000 - $35,000 |
---|---|
Initial Investment |
$61,200 - $294,000 |
Net Worth Requirement |
$35,000 |
Cash Requirement |
$35,000 |
Royalty Fee |
3.5-5.5% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | petNmind has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 30个小时 |
---|---|
Classroom Training | 10个小时 |
Ongoing Support |
Grand Opening
Site Selection
|
Marketing Support |
Social Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like petNmind? Request a free consultation with a Franchise Advisor now.
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