Fetch Dog Park Franchise Cost

5 min read Jul 10, 2024
Fetch Dog Park Franchise Cost

Fetch! Dog Park Franchise: A Comprehensive Guide to Costs and Opportunities

Are you a dog lover with a passion for entrepreneurship? Do you want to create a fun and engaging space for canines and their owners to socialize and exercise? If so, consider investing in a Fetch! Dog Park franchise. In this article, we'll delve into the costs associated with owning a Fetch! Dog Park franchise and explore the opportunities this business presents.

What is Fetch! Dog Park?

Fetch! Dog Park is a unique franchise concept that combines dog parks, dog daycare, and pet-related services under one roof. Founded in 2009, the company has become a popular destination for dog owners seeking a safe, clean, and fun environment for their pets. Fetch! Dog Park franchises offer a range of services, including:

  • Off-leash dog parks: Secure, fenced areas where dogs can exercise and socialize
  • Dog daycare: Supervised care for dogs while their owners are away
  • Pet wash: Self-serve dog washing stations
  • Pet retail: Convenience store offering pet supplies and treats

Initial Investment and Franchise Fee

To become a Fetch! Dog Park franchisee, you'll need to make an initial investment of around $500,000 to $750,000. This includes:

  • Franchise fee: $40,000 to $50,000
  • Initial marketing and advertising expenses: $10,000 to $20,000
  • Development costs: $200,000 to $300,000 (depending on the size and location of the park)
  • Equipment and supplies: $50,000 to $100,000
  • Working capital: $100,000 to $150,000

Ongoing Fees and Expenses

In addition to the initial investment, you'll need to pay ongoing fees and expenses, including:

  • Royalty fee: 6% of gross sales
  • Marketing fee: 2% of gross sales
  • Insurance premiums: Varying costs depending on location and business size
  • Employee salaries and benefits: Estimated $150,000 to $250,000 per year
  • Rent or mortgage payments: Varying costs depending on location and property type

Financial Requirements and Net Worth

To be eligible to own a Fetch! Dog Park franchise, you'll need to meet certain financial requirements, including:

  • Minimum net worth: $500,000 to $750,000
  • Liquid assets: $200,000 to $300,000
  • Business experience: Prior entrepreneurial or management experience is preferred

Support and Training

Fetch! Dog Park provides its franchisees with comprehensive training and support, including:

  • Initial training program: 2-3 weeks at the company's headquarters
  • On-site training: 1-2 weeks at your location
  • Ongoing support: Regular phone and video consultations, as well as annual meetings

Conclusion

Owning a Fetch! Dog Park franchise can be a rewarding and profitable business venture for those who are passionate about dogs and have the necessary resources. While the initial investment and ongoing fees are significant, the company's proven business model and dedication to supporting its franchisees make it an attractive opportunity for entrepreneurs. If you're ready to join the Fetch! Dog Park family, start by reviewing their franchise disclosure document and contacting their corporate team to learn more.

Related Post