Franchise Diligence · Free snapshot

Pet Supplies Plus Franchise Review (2026)

Cost, Item 19 earnings & fees — from the actual FDD

A private-equity-grade read of the Pet Supplies Plus Franchise Disclosure Document — the real cost to open, the earnings picture, and the risks a salesperson has no incentive to mention.

PetsPet retail

Item 19 · average monthly revenue

$218,523/mo

Franchisor-disclosed across 385 reporting units. This is revenue— the full report models what you'd actually keep after every fee.

Diligence risk level

High

Capital gap of $919,575 is ~3.7x your liquid — meaningful outside financing required.

Does it fit your capital?

How much can you put toward opening?

The cash you have for the build-out — the one number the whole deal is measured against.

Estimated cost to open (Item 7)your capital ▎

$520,250$1,818,900

Capital gap to top of range$1,568,900SBA loan or partner likely

At a glance

System units

729

+18 / −22 last yr

Earnings (Item 19)

Disclosed

5 cohorts

Royalty

ongoing royalty

What the sales deck won't lead with

Descriptive, FDD-cited disclosures — read them before discovery day.

▲The FDD discloses: The front-matter Special Risks section explicitly states the franchisor's financial condition calls into question its ability to provide services and support; the entity has only a 29-day audited operating history.(Special Risks, p.iv; Item 21, p.70)

▲The FDD discloses: PSP Franchise Operations SPV, LLC was formed February 2024 and began franchising December 2025, giving it a very limited track record as the franchisor.(Special Risks, p.iv; Item 1, p.1)

▲The FDD discloses: Parent entity Franchise Group, Inc. filed Chapter 11 in November 2024 and emerged June 2025; the current franchisor entity was created as part of the restructuring.(Item 4, pp.5-6)

Every fee, tripwire and territory term is in the full report

The full report opens

What you'd actually keep — that revenue modeled to profit after royalty, fees and debt service
The full Item 19 breakdown — 5 disclosed cohorts
Financial-health severity grade (Item 21 audit)
Every fee and hidden cost, with page cites
Operational tripwires and territory terms

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Informational only — not legal, financial, or investment advice. Figures are AI-extracted from the Pet Supplies Plus FDD and may contain errors; verify every number against the source document and consult a qualified professional before deciding. Your uploads are processed to generate reports, not stored or sold.

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