Recently reported on PR Newswire, Wag N’ Wash has secured its position as a growing leader in the pet retail industry with impressive double-digit mid-year growth. As part of the PSP Group, we have successfully sold 23 franchise agreements and opened 16 new stores as of mid-2024. By year end, we expect to sell 70 franchise units and open at least 45 new stores.
“Heading into 2024, we were focused on growing Wag N’ Wash’s footprint and bringing our unique brand to new markets. We’ve achieved some of these goals and are making strong progress on others,” said Nick Russo, Chief Development and Stores Officer of PSP Group. “We are continuing to receive high interest in both franchise opportunities, especially from existing franchise owners who are looking to diversify their portfolios with a concept that is primed for growth in a thriving industry. With the stability of both brands and the strength of each system, the future couldn’t look any brighter.”
Wag N’ Wash: Leading the way with strong financial performance
Wag N’ Wash continues to thrive with a strong Average Unit Volume (AUV) of $1.3M, reflecting our commitment to excellence in the pet industry. Our unique business model, coupled with immediate market availability, positions our franchise owners for success in a competitive market. We also offer the industry’s lowest royalty fees at just 4%, ensuring that our franchisees maximize their profitability while benefiting from our comprehensive support and innovative approach.*
Seizing opportunities in a booming pet industry
The pet industry continues to see substantial growth, with over 65% of U.S. households owning a pet. As consumer spending in the pet sector rises, Wag N’ Wash is perfectly positioned to capture this market. Our franchise owners benefit from our advanced marketing strategies, efficient supply chain, and omnichannel shopping options, allowing them to meet the needs of today’s pet owners while building a strong and profitable business.
Become a Wag N’ Wash franchise owner
We are actively seeking motivated individuals (and dog lovers!) to join our growing franchise family in the thriving pet industry. As a Wag N’ Wash franchise owner, you’ll be part of a brand dedicated to making it easier to provide high-quality products and services for pets. With our proven track record, industry-leading AUV and supportive network, there has never been a better time to invest in a Wag N’ Wash franchise.
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*This information can be found in Item 19 of the 2024 Franchise Disclosure Document issued by WNW Franchising, LLC. The data reflects the calendar year beginning January 1, 2023, and ending December 31, 2023, and shows the data for 10 reporting stores which were open and operating 12 months as of December 31, 2023. The discounted initial franchise fee applies only to franchise agreements executed on or before September 30, 2024; no other discounts apply. A new franchisee’s results may differ from the represented performance.