Pet Passages Franchising
Pet Services · Veterinary Clinics
- Active units
- 15
- Avg unit volume
- $360k
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About Pet Passages Franchising
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$55k
- Brand fund
1.0% of Net Sales
- Local advertising
1000.0% of Net Sales
- Veteran discount
10.0% off franchise fee — 10% military discount on the initial franchise fee to active military personnel and veterans
Brand Percentile Rankings
Growth
- Total locations15
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate25.0%
Net unit growth versus prior year
- 3-year unit CAGR22.5%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$360k
Most recent average gross revenue for locations open full year (2024).
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$403k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio0.9×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 17 of 17 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.