Pre-opening promotion
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4-6 weeks before opening

Pet Wants

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our take
5. Additional Resources

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Pets
Category
Other
Investment Range
$137,850 – $219,000
Total US Locations
159
Franchise Units
159
Founding Year
2015
Started Offering Franchises
2015
Management Capacity
Owner Operator
Job Count
2
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
8%
Marketing Fee
2%
Franchise Fee
$48,500
Headquarters (City, State)
Cincinnati, OH
Square Footage
150 - 500
Retail Location?
Yes
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Pet Wants is a trusted brand known for its high-quality pet food and supplies, alongside exceptional grooming services. With a focus on providing premium, all-natural pet products, Pet Wants ensures pets receive the best nutrition and care. They offer a convenient home delivery service, making it easy for pet owners to keep their furry friends happy and healthy. Pet Wants also provides expert grooming services to maintain pets' well-being. Their commitment to customer satisfaction and pet health is backed by a nationwide network, delivering top-tier products and services.

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Management team / founders

Pet Wants was founded by Michelle and Jason Sirotkin, who are dedicated to providing high-quality, natural pet food and supplies. Michelle, who grew up with a passion for animals, and Jason, with his business acumen, teamed up to create a franchise that prioritizes pet health and customer satisfaction. Their commitment to quality and customer care is reflected in the supportive environment they provide to franchisees. Pet Wants aims to offer more tools, technology, and resources than ever before, ensuring that franchisees have everything they need to succeed. As the brand continues to grow, the Sirotkins maintain a focus on creating a family-oriented atmosphere where open communication and mutual support drive the success of the entire franchise network.

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Focus of owner for daily business operations

As an operator of a Pet Wants franchise, the primary responsibilities include: 1. Overseeing the daily operations of the business, ensuring high standards of customer service and satisfaction. 2. Hiring and training qualified staff to maintain smooth and efficient operations. 3. Developing and executing a local marketing plan to attract and retain customers, ensuring strong community presence. 4. Reviewing financials and sales regularly to track performance, manage expenses, and drive profitability.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
8%
6%
6%
Marketing Fee
Franchise Fee
$48,500
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial franchise fee
$3,456
$9,303
Upon signing of franchise agreement
Real estate
$3,456
$9,303
Before opening and monthly afterward
Leasehold improvements
$3,456
$9,303
Before opening
Leasehold improvements
$3,456
$9,303
Before opening
Furniture, fixtures, and equipment
$3,456
$9,303
Before opening
Vehicle
$3,456
$9,303
As per agreement
Initial inventory
$3,456
$9,303
Before opening
Retail e-commerce and website system
$3,456
$9,303
Before opening
Travel and living expenses during training
$3,456
$3,456
Before or at time of training
Initial telephone, bank, and other deposits
$3,456
$9,303
Before opening
Licenses
$3,456
$9,303
Before opening
Vehicle wrap
$3,456
$9,303
As expenses are incurred
Limited liability entity
$3,456
$9,303
Before opening
Insurance
$3,456
$9,303
Before effective date of policy
Additional funds (3 months)
$3,456
$9,303
As expenses are incurred
Total
$3,456
$9,303
$3,456
$9,303
$3,456
$9,303
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
2022
0
138
138
Franchised
2023
138
138
+13
2024
138
159
+13
2022
0
0
+13
Company-owned
2023
0
0
0
2024
0
0
0
2022
138
138
0
2023
138
146
+8
2024
146
158
+13
Total Outlets
-
-
-
-
-
-
-
-
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
-
10 Year Cumulative Defaults
-
3 Year Predicted Default Rate
-
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
1.26%
% of Franchisees with Completed Litigation
1.26%
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.