Pet Wants
Pet Services · Pet Products
- Active units
- 146
- Avg unit volume
- $561k
- Royalty
- 7.0%
Franchised, year-end 2023
of weekly Net Sales
About Pet Wants
Welcome to Pet Wants Charlotte - The Urban Feed Store! We believe that your pet deserves the best, which is why we offer slow-cooked, small batch, and nutritious pet food made fresh every month. Our all-natural cat and dog food are made with high-quality ingredients. We never include corn, wheat, soy, animal by-products, or gluten in our formulas. Each batch is slow-cooked to ensure that your pet gets a nutrition-packed meal. What sets us apart is our commitment to freshness and convenience. We deliver our products right to your doorstep or your favorite doggie daycare. We also offer nationwide shipping. This means your pets can enjoy the freshest food possible, no matter where you are. Browse our range of fresh dog and cat food, including options like Chicken & Brown Rice Dog Food, Salmon & Brown Rice Dog Food, and Adult Cat Food. We also have a variety of treats, supplements, toys, and grooming essentials to keep your furry friends happy and healthy. Discover the Pet Wants difference today and give your pets the nutrition they deserve.
Key terms
- Franchise fee
$49k
- Concurrent multi-territory pricing
Second territory $44,900; third territory $39,500 when purchased concurrently
- Additional unit within 24 months
10% discount on an additional franchise purchased within 24 months of first
- Winner’s Circle franchise fee rebate
Rebates of $10,000 at revenue milestones; up to full franchise fee rebated over 5 years if cumulative revenues reach $2,355,000
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Veteran discount
10.0% off franchise fee — VetFran: up to a 10% discount from the initial franchise fee
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing).
Growth
- Total locations158
Franchised units open at year-end
- New openings14
Gross new units opened during the calendar year
- 1-year unit growth rate-0.6%
Net unit growth versus prior year
- 3-year unit CAGR4.0%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.9×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)$177k
Gross Revenue means total income from the franchised business; excludes refunds/discounts and separately stated sales or excise taxes remitted to taxing author…
- Annual unit volume (75th percentile)$578k
Gross Revenue means total income from the franchised business; excludes refunds/discounts and separately stated sales or excise taxes remitted to taxing author…
- 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$194k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
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 102 of 109 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.