
Ben's Barketplace
Pet health-food stores- 2022 Franchise 500 Rank
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N/R Not ranked last year
- Initial investment
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$190K - $351K
- Units as of 2021
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5 150.0% over 3 years
Here’s what you need to know if you’re interested in opening a Ben's Barketplace franchise.
Ben’s Barketplace is a dog and cat health food store opened in 2005 by Brad and Sally Romero. The Romero duo has almost 20 years of expertise in K9 law enforcement and has striven to translate their love of animals into a growing business.
Ben’s Barketplace’s main mission is to provide a healthy diet to dogs and cats, supplying only top-of-the-line products they consider to be safe and superior.
Ben’s Barketplace sells over 80 brands of cat and dog food in their store to go along with other products that include collars, leashes, and toys. They also may offer nutritional consultations with experts and have a self-service dog wash inside the store.
Why You May Want to Start a Ben’s Barketplace Franchise
The ideal Ben’s Barketplace franchisee is someone who enjoys working with animals and is concerned about their nutrition. Previous experience in pet care is not necessary to open a Ben’s Barketplace franchise, though business and management experience may be beneficial as you operate your location.
Ben’s Barketplace may provide new franchisees with:
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Many hours of on-the-job training
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Several dozen hours of classroom training
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Online support
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Field operation guides
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A franchisee intranet platform
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Vast marketing support supplying national and regional media advertising
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Website development
Ben’s Barketplace has partnered with third-party financial lenders that may offer help covering the costs of the franchise fee, startup, inventory, equipment, payroll, and accounts receivable for qualified franchisees.
What Might Make a Ben’s Barketplace Franchise a Good Choice?
Opening a Ben’s Barketplace franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
To be part of Ben’s Barketplace team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open a Ben’s Barketplace Franchise
Ben’s Barketplace is currently looking for new franchisees all over the United States. When opening a franchise location, you will need several employees to run a Ben’s Barketplace franchise, with the ability to hire more staff as you grow your location.
Before making any financial commitment or signing an agreement with Ben’s Barketplace, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Ben’s Barketplace franchising team any questions you may have.
As you decide if opening a Ben’s Barketplace franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Ben’s Barketplace franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Company Overview
About Ben's Barketplace
- Industry
- Pets
- Related Categories
- Pet Stores, Pet Care, Miscellaneous Retail Businesses
- Founded
- 2005
- Parent Company
- Ben's Barketplace
- Leadership
- Brad Romero, President
Franchising Overview
- Franchising Since
- 2015 (7 years)
- # of employees at HQ
- 7
- Where seeking
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This company is seeking new franchisees in the following US states: California, Oregon
- # of Units
- 5 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Ben's Barketplace franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $45,000
- Initial Investment
- $189,800 - $350,500
- Net Worth Requirement
- $100,000
- Cash Requirement
- $70,000
- Veteran Incentives
- 25% off franchise fee
- Royalty Fee
- 5%
- Ad Royalty Fee
- 2-1%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Ben's Barketplace has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 40 hours
- Classroom Training
- 40 hours
- Additional Training
- As needed
- Ongoing Support
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NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
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Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 2-3
- Are exclusive territories available?
- No
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