Petland Ranks No. 14 Among Entrepreneur Magazine’s Top Global Franchises
Entrepreneur Magazine released its rankings of the top global franchises and Petland comes in at No. 14 this year, staying in the top 25 for three consecutive years and climbing 10 places from last year.
Earlier this year, Petland ranked 118 overall in the Entrepreneur Magazine’s 39th Annual Franchise 500, climbing 50 spots in a ranking of North American franchises.
“The love for pets and the joy of the human-animal bond is celebrated around the world. In our global endeavors, we have found our unique proprietary operating model is welcomed and embraced. We are honored to be recognized by Entrepreneur Magazine as a top franchise across the globe and ranked with the likes of McDonalds, RE/MAX, KFC and ACE Hardware,” said Petland President and CEO Joe Watson.
Petland opened its first location in the Middle East in May of 2019. The store, located in Jeddah, Saudi Arabia features a complete line of great pets and pet supplies and many other unique items for the welfare of animals that have never before been available in the Middle East. The master franchise agreement for Saudi Arabia includes rights to develop stores in United Arab Emirates, Egypt, Turkey, Qatar, Lebanon, Kuwait and Bahrain. The master franchisees are currently planning another location in Jeddah and also in Riyadh.
Petland Brazil continues to focus their accelerated growth on opening new locations while also working a conversion model that includes independent pet store operators joining the Petland franchise. Locations in Brazil feature pets, pet supplies and grooming and bathing services.
Petland has also opened new stores in South Africa, Mexico and Canada within the last year, raising the total number of international stores to 144.
Petland Vice President of Business Development Steve Huggins said, “Petland Pet Counselors around the world provide an educational experience that teaches guests about pets and pet care. We continue to look for new master franchise partners to join the Petland family as we work to expand into additional countries.”
In conducting its rating of franchises around the world, Entrepreneurconsiders numerous factors including the company’s Franchise 500 ranking which determines a score based on such things as financial strength, stability, growth rate and size of the franchise system. The Franchise 500 ranking is then compared with international size and growth of the franchise to determine the global rank.
Petland is a franchise operation with quality, full-service retail pet centers across the United States, Canada, China, Mexico, South Africa, Brazil, El Salvador and Saudi Arabia. Petland was founded in 1967 and is headquartered in south central Ohio.