Development deals bode well for Pet Supplies Plus, Wag N’ Wash expansion
Aug 29, 2023
Two companies have their sights set on record growth in the $136-plus billion pet industry.
Pet Supplies Plus, the largest independent pet franchise in North America with more than 700 stores across the U.S., said has secured 35 signed agreements to open 61 stores. Included within the spike in store count is additional signed agreements with existing multi-unit franchisee group, AVMH Ventures LLC. After originally signing on for a five-unit agreement, the group has since purchased 23 additional stores across nine states which makes their entity the second largest in the system.
While the Pet Supplies Plus brand continues to grow at a rapid rate, Wag N' Wash is equally as impressive with its growth as an emerging self-wash, grooming and natural pet food brand. Since being acquired by Pet Supplies Plus in February 2022, the brand has doubled in store count with 25 locations currently open. It also has 40 more in various stages of development.
Next up for Wag N' Wash is the opening of a flagship in its home state of Michigan, which will be its first in the state.
“We've hit an impressive development stride this year, having already opened 40 Pet Supplies and Wag N' Wash stores," said Nick Russo, chief development and stores officer of Pet Supplies Plus. "Our goal is to finish the year with a total of 60 new Pet Supplies Plus stores and 10 Wag N' Wash locations
Although separate entities, the brands are rooted in and operate from the same proven business model and have the billion-dollar backing of 30-plus years of franchise and industry experience.
Headquartered in Livonia, Mich., Pet Supplies Plus, a subsidiary of Franchise Group, has over 700 locations in 42 states. The stores feature a streamlined design and carry a wide assortment of natural pet foods, goods and services.