Franchises’ annual revenues climb 13% on average, Camp Bow Wow 2016 FDD reveals**
The Camp Bow Wow 2016 FDD, the Franchise Disclosure Document we file each year as part of the pre-sale disclosure process in the U.S., revealed another year of double-digit revenue growth for our franchise owners, who marked on average a 13% increase.**
Our passion for all things canine and our more than 15 years of operational experience in the boarding, grooming and doggy day care industry have led us to over 130 units in the U.S. and Canada, and we continue to grow. Item 19 of our latest FDD is a measure of performance that is an important part of any potential franchise owner’s investigation into our brand. We’re very proud of our latest numbers, which include:
- 2015 consolidated gross revenue system-wide of $93,230,311, our biggest year yet ***
- Revenue-reporting franchises overall earned average gross revenues of $756,551****
- The top 25% of revenue-reporting franchises earned average gross revenues of $1,075,667****
- The average ticket for all revenue-reporting franchises overall in 2015 was $50*
Camp Bow Wow’s tradition of providing premium pet care services and our position as an industry disruptor, having turned the traditional boarding model on its ear, means our prices are a little higher than you might find at a mom-and-pop place — but our double-digit growth tells us customers think we’re worth it. That’s because our customers, like our franchise owners and team members, don’t really believe you can put a price on the welfare and well-being of your dog.
Dogs are like family to us, and our customers can feel that. They know they can trust us with their furry friends for a week or two if they have to travel or just for the day while they’re busy at work. We maintain trained and passionate staff who love dogs as much as we do, and pet parents can check up on their pups throughout the day through our live-streaming webcams. Dogs get to romp and play with canine pals of their own size and temperament, and that’s a win-win for everyone.
To learn more
We invite you to discover more about the benefits of owning a Camp Bow Wow franchise. Please fill out the form at right to download our free franchise report and explore our research pages.
*Figure represents the average gross ticket for the 97 revenue-reporting franchises open and operating for more than 36 months during the 12-month period ending on December 31, 2015. Of all 97 franchises, 44 (45%) exceeded the average of $50. Of the 27 franchises representing the top 25%, 13 (48%) exceeded the average of $53. Of the 27 franchises representing the bottom 25%, 11 (41%) exceeded the average of $48. The financial performance representation contained in Item 19 of our 2016 Franchise Disclosure Document also includes: (1) average unit-level gross revenue, (2) selected expenses for expense-reporting franchises, and (3) system-wide gross revenue.
**Figure represents the aggregate increase in annual gross revenue for the 131 franchises that were open and operating for any length of time during the 12-month period ending on December 31, 2015 when compared to the aggregate annual gross revenue for the 130 franchises that were open and operating for any length of time during the 12-month period ending on December 31, 2014. The financial performance representation contained in Item 19 of our 2016 Franchise Disclosure Document also includes: (1) annual unit-level gross revenue; (2) annual average gross ticket and, (3) selected expenses for expense-reporting franchises.
*** Figure represents the system-wide consolidated, unaudited gross revenue for the 131 franchises and 7 corporate locations that were open and operating for any length of time during the 12-month period ending on December 31, 2016. The financial performance representation contained in Item 19 of our 2016 Franchise Disclosure Document also includes: (1) annual unit-level gross revenue; (2) annual average gross ticket and, (3) selected expenses for expense-reporting franchises.
**** Figures represent averages for the 97 revenue-reporting franchises open and operating for more than 36 months during the 12-month period ending on December 31, 2015. Of all 97 franchises, 48 (49%) exceeded the average of $756,551. Of the 27 Franchises representing the top 25%, 11 (41%) exceeded the average of $1,075,667. Of the 27 Franchises representing the bottom 25%, 16 (59%) exceeded the average of $437,405. The financial performance representation contained in Item 19 of our 2016 Franchise Disclosure Document also includes: (1) annual average gross ticket, (2) selected expenses for expense-reporting franchises; and (3) system-wide gross revenue.