It’s one of the many questions every potential franchisee should ask before investing in a business — how much money can I make?
We’re happy to say that when you invest in a Camp Bow Wow, the sky truly is the limit!
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Pet Care — A Growing Industry
Studies show that pet parents are willing to deprive themselves of certain luxuries before denying their pet. That makes for a healthy market that is willing to spend whatever it costs to give their pooch the best life possible.
When you consider the fact that the number of dogs per household in America has steadily increased over the years and that pet parents have doubled what they spend on their furry friends since 2001, your potential earnings begin to look pretty healthy!
Camp Bow Wow Growth and Sales Stats
Having a good understanding of the industry is one thing, but to get the best idea of what you could make with a Camp Bow Wow franchise, we’re going straight to the source — existing Camps themselves!
- At the end of 2017, the average Camp that has been open for 12 months or more generated a revenue of $841,000*.
- Camps in our top 25 percent generated more than $1.2 million in annual revenue**.
- Our highest earning Camp during that period generated an amount just shy of $2 million**!
- At the end of the year, our top mature Camps (Camps that have been open for more than 12 months) reported earning more than $238,000 — that’s roughly 25 percent of their total sales**.
* 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.
For a more detailed breakdown of annual gross revenue, discretionary income, and labor and occupancy expenses, run over to our site!