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Wednesday
May262010

Pet Habitat Franchise

Pet and pet-supply store

Start-up Costs & Franchises Fees

What is the total cost to open a Pet Habitat Franchises?

Total Cost: $95,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available

Contact Information for Pet Habitat

Pet Habitat
6921 Heather St.
Vancouver, BC
V6P 3P5

Phone Number: (604)266-2721
Fax Number: (604)266-5880

Franchise Homepage:

Historical Expansion

In what year did Pet Habitat begin operations? 1979
When did Pet Habitat begin selling franchises? 1981

Year United States Canada International Corporate
2006 0 4 0 0
2005 0 3 0 1
2003 0 3 0 1

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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