Pet Supplies Plus franchise startup costs run $590K–$1.2M for a neighborhood pet retail store offering food, supplies, grooming, and self-service dog wash. PSP is owned by Franchise Group and is one of the largest pet retail franchises by unit count in the US.
Pet Supplies Plus (PSP) is a pet retail and services franchise founded in 1988 in Redford, Michigan, built around the neighborhood pet store format — accessible locations, friendly staff, and a broad assortment of pet food, treats, toys, health supplies, and grooming services. As of 2026, Pet Supplies Plus operates more than 700 locations across the US, making it one of the largest pet retail franchises by unit count. The brand is owned by Franchise Group, a holding company that operates multiple franchise concepts. PSP's self-service dog wash stations and in-store grooming services add service revenue streams beyond retail product sales, improving overall location economics. The pet care market has demonstrated consistent growth driven by pet ownership trends and increasing consumer spending on pet health and wellness.
Per the current FDD, total estimated initial investment for a Pet Supplies Plus franchise runs $590,000–$1,200,000. The retail format requires a storefront, pet-appropriate fixtures, refrigeration for fresh food, and self-service dog wash infrastructure:
Pet Supplies Plus franchisees pay a 3.5% royalty on net sales plus a 0.75% advertising fund contribution — for a combined 4.25% of net sales. These rates are among the lowest in the specialty retail franchise sector, reflecting PSP's emphasis on franchisee economics and the competitive margins typical in pet retail. The low advertising fund rate means PSP relies more on local store marketing and community presence than national brand advertising — a structure that works for neighborhood-format stores where local relationships drive repeat traffic.
Pet Supplies Plus requires prospective franchisees to demonstrate net worth of $750,000 or more and liquid capital of $250,000 or more. Retail management or business operations experience is preferred. PSP evaluates candidates on community engagement aptitude, customer service orientation, and financial stability. Pet industry experience is not required — the franchise provides product training, supplier relationships, and operational systems.
Pet Supplies Plus is listed on the SBA Franchise Directory, qualifying franchisees for expedited SBA loan processing. Common financing paths:
Pet Supplies Plus is on the SBA Franchise Directory, enabling expedited SBA eligibility review. At $590K–$1.2M, this is a significant retail build — lenders treat it similarly to other specialty retail franchise investments where inventory, leasehold improvements, and fixtures are the primary asset categories. Key factors lenders evaluate:
Initial inventory at a PSP location ($100K–$200K) can often be financed under a separate inventory or business line of credit rather than rolled into the primary SBA 7(a) loan. This approach keeps the amortizing SBA loan focused on leasehold improvements, fixtures, and equipment — aligning loan term to asset useful life — while the revolving inventory line replenishes as inventory turns.
ClearValue Lending works with specialty retail franchise operators — including pet care concepts — on SBA and equipment financing structures. Apply at Find my match. Your file routes to one matched lender.
Per the current FDD, total estimated initial investment runs $590,000–$1,200,000. Initial inventory is a significant cost category — pet food and supplies stock required to fill the store at opening represents a meaningful portion of the total investment.
PSP locations offer self-service dog wash stations and in-store professional grooming services. These add service revenue streams beyond product sales and increase customer visit frequency.
Pet Supplies Plus charges a 3.5% royalty on net sales plus a 0.75% advertising fund contribution, for a combined 4.25% — one of the lowest combined fee structures in specialty retail franchising.
Pet Supplies Plus is owned by Franchise Group, a holding company that operates multiple franchise concepts.
Yes. Pet Supplies Plus is on the SBA Franchise Directory. SBA 7(a) covers franchise fee, build-out, fixtures, inventory, and working capital. Equipment financing and inventory financing can supplement for specific cost categories.
SBA guidelines set a minimum DSCR of 1.15×. On a 10-year SBA 7(a) loan for a PSP build at $700K–$900K average, monthly debt service runs approximately $7,700–$9,900. PSP's low royalty structure (3.5% + 0.75%) preserves more gross margin for debt service than higher-royalty pet retail concepts — an important factor in lender cash flow analysis. Lenders require conservative ramp projections, not year-2 steady-state assumptions. Source: SBA SOP 50 10 7 (sba.gov).
SBA requires a minimum 10% equity injection. Lenders typically want 20–25% for a specialty retail build at PSP's investment level — meaning approximately $118K–$300K in documented borrower funds for a $590K–$1.2M project. PSP's $250K+ liquid capital requirement aligns well with these lender expectations. Source: SBA SOP 50 10 7, Subpart B, Chapter 4.