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- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$180K - $379K
- Units as of 2022
10 233.3% over 3 years
Here’s what you need to know if you’re interested in opening a PetWellClinic franchise.
For animal-loving enthusiasts, PetWellClinic might be a one-of-a-kind business opportunity. It's a veterinary clinic that caters to walk-in clients, one of the few of its kind. The company usually offers franchise opportunities where you can monetize your passion for pets quickly and effectively.
And the best news? You don't usually need to be a veterinarian to run one of their locations. As a franchisee, you may run and manage the business side of the clinic, then hire trained professionals to do the actual medical work.
Why You May Want to Start a PetWellClinic Franchise
Starting this franchise may be a unique opportunity, especially for people in the veterinary field looking to create their own practice. Of course, there's always the satisfaction that comes with working with animals and helping them live healthy lives. You may be able to provide cost-friendly services without compromising quality.
PetWellClinic is a one-of-a-kind veterinarian clinic that offers basic pet-care services, which means that you may not need to invest in expensive radiology and field equipment. Your clinic may also provide packages that include vaccines, minor lab tests, ailment diagnosis, and treatment for chronic illnesses. Such packages could allow for repeat customers with low overhead costs. As you grow your location, you may even offer telehealth visits for animals too nervous about traveling to the office.
What Might Make a PetWellClinic a Good Choice?
To be part of the PetWellClinic team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared 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.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask the PetWellClinic team questions as you explore the opportunity further.
How To Start a PetWellClinic Franchise
To open a PetWellClinic franchise, you will need to submit a franchise request form. If you are seen as a good fit for the brand, then a franchise representative may reach out to you to set up the first steps. As part of your exploration process, you may be given the PetWellClinic Franchise Disclosure Document with an invitation to attend a discovery day at the brand's headquarters in Knoxville, Tennessee. A discovery day may allow you to meet with current franchisees and speak to company executives about your intentions to open your own location.
Support from the PetWellClinic is vital to the establishment of your location. As a franchisee, you will have ongoing technical training opportunities, marketing and advertising support, and opening day preparations. Support is also given during the construction phase of your location, ensuring the PetWellClinic name is upheld in the design and layout of the location.
With a PetWellClinic, almost anything is paw-ssible.
- Franchising Since
- 2017 (5 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees worldwide.
This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
- # of Units
- 10 (as of 2022)
- Corporate Address
555 W. Jackson Ave.
Knoxville, TN 37902
Information for Franchisees
Here’s what you need to know if you’re interested in opening a PetWellClinic 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $180,000 - $379,000
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
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
- 41 hours
- Classroom Training
- 36 hours
- Ongoing Support
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Curious to know where PetWellClinic ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to PetWellClinic.
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