K9 Resorts Embarks on Joint Venture with its Largest Franchisee Group
K9 Resorts Luxury Pet Hotel has announced a landmark joint venture with its largest franchisee group, Luxury Pet Hotel Investments (LPHI). Now in effect, LPHI and K9 Resorts have become 50-50 partners in all current corporate-owned locations outside of the flagship location in Fanwood, NJ. LPHI is assuming responsibility of the day-to-day management of the following four resorts: Cherry Hill, Fairfield and Hamilton, NJ as well as Malvern, PA.
This shift enables the K9 Resorts corporate team to dedicate even more time and resources to drive growth and profitability across its entire franchise system. In addition to providing five-star services for dogs, K9 Resorts is doubling down on its commitment to world-class franchisee support, training and innovation.
“We want to be the best franchisor we can be – a more focused franchisor means more support and increased profit for each of our franchisees,” said Jason Parker, Co-Founder and Co-CEO of K9 Resorts. “This venture reflects our goal of growing our world-class brand and empowering our franchisees to thrive.”
As K9 Resorts experiences consistent interest in its proven and lucrative franchise opportunity, the joint venture is a launchpad for accelerated growth powered by proven partners and a thriving franchisee-first model. Last year, LPHI invested $10 million into the brand and have continued to sign on for additional locations. Looking ahead, K9 Resorts will continue to grow alongside LPHI, opening more locations in new markets across the U.S. LPHI currently owns and operates K9 Resorts in Arizona, California, Florida and Illinois.
“We have assembled a great team of executives from across the worlds of large-scale hospitality, entertainment, consumer banking, insurance, pet care and franchising,” shared Alan Leibman, co-CEO of Luxury Pet Hotel Investments. “Additionally, we have found a great brand in K9 Resorts that we truly believe in. Together, we feel that we can build on K9 Resorts’ leading position in the industry and become a household name in premium pet care.”
K9 Resorts is actively seeking single and multi-unit owners to bring luxury pet boarding and daycare to their community. To learn more about the K9 Resorts franchise opportunity, visit K9 Franchise. To learn more about K9 Resorts Luxury Pet Hotels, visit K9 Resorts.