Today, pets live as a part of the family in more than half of all American homes — nearly 80 million! And though we’re friends to all things four-legged and furry, one pet continues to be number one in our homes (and hearts) — dogs! No matter what’s going on in the world, pets will always need to be fed, cleaned, and cared for. Those are just a few of the reasons why the pet care industry is so lucrative.
Pet Care Franchises — A Doggone Good Investment
There’s no denying that Camp Bow Wow is a business that attracts dog-lovers, but it’s so much more than that. In 2017, Camp Bow Wow generated over $100 million in revenue and were positioned near the top of an industry that’s growing more than 7 percent, annually. If that statistic alone wasn’t enough to make your ears stand up, consider the fact that 7 percent is three times as fast as the national economy.
Through the Good and the Bad, Camp Bow Wow Survives
When franchise owner Ann Roth and her husband opened their first Camp in 2003, they enjoyed years of growth and profit. But when the Great Recession hit in 2007, they were among many business owners worried they would not survive. Fortunately, survive is exactly what they did. According to Ann, “A lot of businesses didn’t make it. We made it through all of that. That says something.” Today, Ann and her husband are the proud owners of not one, but two Camps!
A (Fiscal) Year in the Life of a Camp Bow Wow Franchise Owner
Our financial results speak for themselves. According to our Franchise Disclosure Document (FDD) for 2018, the latest year for which figures are available for Camps open more than 12 months, our top 25% highest-earning franchises generated an average of $1,225,676 in annual gross revenue, and the average for all locations was $841,890.* The average annual owner’s discretionary income was $238,068 for the top 25%, and $160,364 for all Camps open more than 12 months. **
* Figures represent averages for the 128 revenue-reporting franchises open and operating for more than 12 months during the 12-month period ending December 31, 2017. Of all 128 franchises, 56 exceeded the average of $841,890. Of the 32 franchises representing the top 25%, 8 (25%) exceeded the average of $1,225,676. Of the 32 franchises representing the bottom 25%, 15 (47%) exceeded the average of $514,553. The financial performance representations contained in Item 19 of our 2018 Franchise Disclosure Document also include:(1) select expenses for expense-reporting franchises; and (2) system-wide gross revenue.
** Figures represent averages for the 124 expense-reporting franchises open and operating for more than 12 months during the 12-month period ending December 31, 2017. Of all 124 franchises, 50 (40%) exceeded the average of $160,364. Of the 31 franchises representing the top 25%, 14 (45%) exceeded the average of $238,068. Of the 31 franchises representing the bottom 25%, 16 (52%) exceeded the average of $88,970. The financial performance representations contained in Item 19 of our 2018 Franchise Disclosure Document also include:(1) annual unit-level gross revenue; and (2) system-wide gross revenue.
If you’re interested in learning more about what it takes to join the Camp Bow Wow Pack and invest in a bright future and doggone good time, dial (870) 600-2713 or request your free executive summary!