Pet Depot FDD Summary
Type of Business
The franchisor offers franchises for the operation of retail pet stores and animal hospitals under the trade name “Pet Depot®”
Corporate Information
Labrador Franchises, Inc. have been licensed by Labrador II, Inc., a California corporation incorporated on June 24, 1994, to franchise Pet Depot® businesses. Labrador I, Inc., a California corporation incorporated on December 5, 1990, owned and operated Pet Depot® stores from February 1991 until October 2004. The Operating Companies’ principal business address is 1941 Foothill Boulevard, Suite A, La Verne, California 91750. They have offered franchises for sale since June 2002.
Investment
The franchisor offers 6 franchise programs:
Retail Pet Store Program. The total investment necessary to begin operations of one Pet Depot® retail store ranges from $267,550 to $555,200. This amount includes $43,000 to $44,700 that must be paid to the franchisor or an affiliate.
Animal Hospital Program. The total investment necessary to begin operations of one Pet Depot® Animal Hospital ranges from $198,950 to $587,200. This amount includes $43,000 to $44,700 that must be paid to the franchisor or an affiliate.
Combined Retail Pet Store/Animal Hospital Program. The total investment necessary to begin operations of one combined Pet Depot® retail store and animal hospital at the same location ranges from $375,000 to $997,700. This amount includes $53,000 to $54,700 that must be paid to the franchisor or an affiliate.
Boutique Retail Pet Store Program. The total investment necessary to begin operations of one Pet Depot® Barkery retail store ranges from $105,550 to $227,200. This amount includes $23,000 to $26,700 that must be paid to the franchisor or an affiliate.
Conversion Franchise Program. The total investment necessary to convert and operate a qualified independently owned retail pet store as a Pet Depot® retail store ranges from $121,800 to $414,700. This amount includes $43,000 to $44,700 that must be paid to the franchisor or an affiliate.
Area Development Program. The total investment necessary to begin operations of 2 – 3 Pet Depot® retail stores ranges from $281,550 to $578,200. This amount includes $53,000 to $59,700 that must be paid to the franchisor or an affiliate.