Pet Depot franchise
2022 filing · July 7, 2022Fewer locations
Pet Depot at a glance
A retail pet store with a pet grooming salon. At the end of 2021 there were 29 Pet Depot locations in the US, 27 franchised and 2 company-owned.
The business
- Franchisor
- Labrador Franchises, Inc
- The company that sells the franchises
- Franchising since
- 2002
- 20 years of selling franchises
- Franchisor based in
- La Verne, California
What you pay
- Cost to open
- $293K–$822K
- A retail pet store with grooming salon
- Franchise fee
- $45,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross sales, paid each weekly accounting period
- Brand fund
- 2%
- 2% of gross sales, paid with the royalty
- Renewal fee
- See terms
- 25% offthe then-current Initial Franchise Fee
- Agreement length
- 10 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 29
- Franchised and company-owned
- Franchised
- 27
- Company-owned
- 2
- Change in 3 years
- −1
- Franchised locations, 2019–2021
- States
- 14
- Most in Massachusetts, Virginia and Florida
Support and records
From Labrador Franchises, Inc’s 2022 filing; revenue and net income from its audited financial statements, page 223; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Pet Depot among all franchises with the same figure.
| Figure | Pet Depot | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $557,250 | Costs more than 68% of franchises |
| Franchise feePaid once, when you sign | $45,000 | Higher than 55% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 29 | More than 55% of franchises |
How much a Pet Depot franchise costs
Opening a retail pet store with grooming salon costs an estimated $293,000 to $821,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are furniture & fixtures ($60,000 to $150,000) and opening inventory ($60,000 to $150,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $45,000 | ||
| Training | $0 | $1,000 | |
| Real Estate costs and Leasehold Improvements | $10,000 | $125,000 | |
| Engineering Fees | $5,000 | $25,000 | |
| Lease Review Fee | $0 | $2,500 | |
| Furniture & Fixtures | $60,000 | $150,000 | |
| Equipment | $25,000 | $75,000 | |
| Installation Services | $0 | $75,000 | |
| Signage | $8,000 | $20,000 | |
| Computer System (includes POS system and software) | $12,000 | $20,000 | |
| Technology Training and Setup | $0 | $12,000 | |
| Professional Fees | $4,000 | $8,000 | |
| Security Deposits and Permits | $2,000 | $20,000 | |
| Opening Inventory | $60,000 | $150,000 | |
| Insurance | $3,000 | $6,000 | |
| Uniforms | $1,000 | $2,000 | |
| Travel, lodging and other expenses connected with attending initial training program | $3,000 | $10,000 | |
| Grand Opening Advertising | $15,000 | ||
| Additional Funds-for 3 months | $40,000 | $60,000 | |
| Total | $293,000 | $821,500 | |
Source: Labrador Franchises, Inc, 2022 filing, page 16
Pet Depot franchise fee
The franchise fee is $45,000. You pay it when you sign the franchise agreement.
Source: Labrador Franchises, Inc, 2022 filing, page 10
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid each weekly accounting period. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid with the royalty. |
| Renewal Fee | 25% offthe then-current Initial Franchise Fee |
| Advanced and Refresher Training Courses | Currently,$150per person per day |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Labrador Franchises, Inc, 2022 filing, page 12
Other fees as filed, from pages 13–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Pet Depot does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Labrador Franchises, Inc, 2022 filing, page 54
SBA loans to Pet Depot franchisees
Lenders approved 12 SBA 7(a) loans for Pet Depot franchisees from 2013 to 2022, $5.79M in all. Of the 10 that have ended, 9 were paid in full and 1 was charged off. The other 2 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2021 / 2019–2021. Typical means the median: half of brands are above it, half below.
| Measure | Pet Depot | Typical dog grooming brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −3.6% / −3.6% | 0% / +88% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 7.1% / 11% | 3.7% / 12% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical dog grooming brand is the median of the 10 brands in dog grooming franchises with three years of counts.
How Pet Depot compares
Of the 28 dog grooming franchises on this site, Pet Depot is the 19th cheapest to open and the 9th largest by number of locations.
| Figure | Pet Depot | Typical dog grooming brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $293K | $198K | $222K |
| Cost to open, high end | $822K | $471K | $477K |
| Franchise fee | $45K | $45K | $40K |
| Royalty | 5% | 6.1% | 6% |
| Brand fund | 2% | 1.6% | 2% |
| US locations | 29 | 9 | 21 |
| Shares earnings figures | No | 22 of 28 | 2,147 of 3,352 |
Typical is the median across the 28 brands in dog grooming franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 29 (+1) | 2 | +1 | 0 |
| 2020 | 28 (−1) | 2 | 0 | −1 |
| 2021 | 27 (−1) | 2 | +1 | −2 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Labrador Franchises, Inc, 2022 filing, page 55
Where Pet Depot locations are
At the end of 2021, Pet Depot had locations in 14 states. The most are in Massachusetts, Virginia and Florida.
- Massachusetts4
- Virginia4
- Florida3
- Arizona2
- California2
- New Jersey2
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Massachusetts | 4 | 0 | 4 |
| Virginia | 4 | 0 | 4 |
| Florida | 3 | 0 | 3 |
| Arizona | 2 | 0 | 2 |
| California | 0 | 2 | 2 |
| New Jersey | 2 | 0 | 2 |
| Tennessee | 2 | 0 | 2 |
| Texas | 2 | 0 | 2 |
| Illinois | 1 | 0 | 1 |
| Kentucky | 1 | 0 | 1 |
All 14 states
| North Carolina | 1 |
|---|---|
| Pennsylvania | 1 |
| Wisconsin | 1 |
| Wyoming | 1 |
Source: Labrador Franchises, Inc, 2022 filing, page 56
Who owns Pet Depot?
Pet Depot franchises are sold by Labrador Franchises, Inc. Its filing names no parent company.
From Labrador Franchises, Inc’s 2022 filing, page 7.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Labrador Franchises, Inc, 2022 filing, litigation on page 10, bankruptcy on page 10
Pet Depot filings
The figures on this page come from Labrador Franchises, Inc’s 2022 filing, issued July 7, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | July 7, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other dog grooming franchises
All dog grooming franchises
Pet Depot is also on these lists: pet franchises, retail franchises.