2026 FDD Item 19, p. 64 Checked Oct 23, 2026
Pet Supplies Plus Franchise Revenue and Margins (2026 FDD)
In Item 19 of its 2026 Franchise Disclosure Document, Pet Supplies Plus reports average Annual Gross Sales for All Reporting Franchised Stores of $2,622,279 (2025, 385 reporting franchised stores operating the full year 2025). The figures below are selected disclosures, not a substitute for reading the full Item 19.
Startup cost: a Pet Supplies Plus franchise costs an estimated $520,250 – $1,818,900 to open (Item 7). See the full Pet Supplies Plus franchise cost breakdown.
Does Pet Supplies Plus’s Item 19 show profit or owner pay?
Not in dollars. Besides sales, Pet Supplies Plus’s Item 19 reports “Average annual gross margin for all reporting stores” as a percentage. It also reports “Average Annual Occupancy Rent for All Reporting Stores”. A margin is the share of sales left after the costs the franchisor counts in it, not what an owner takes home. The figure follows the franchisor’s own definition in Item 19, which decides which costs are deducted and whether an owner’s salary is one of them.
What Pet Supplies Plus discloses (Item 19)
Source: Pet Supplies Plus 2026 FDD, Item 19, PDF p. 64.
| Figure | Value | Period | Based on |
|---|---|---|---|
| Average Annual Gross Sales for All Reporting Franchised Stores | $2,622,279 | 2025 | 385 reporting franchised stores operating the full year 2025 (Item 19, PDF p. 64) |
| Median Annual Gross Sales for All Reporting Franchised Stores | $2,487,454 | 2025 | 385 reporting franchised stores operating the full year 2025 (Item 19, PDF p. 66) |
| Average Annual Gross Sales for Mature Stores (4+ Years) | $2,823,225 | 2025 | 291 reporting franchised stores open 4 or more years (Item 19, PDF p. 64) |
| Average Annual Gross Sales for First-Year Stores | $1,609,336 | 2025 | 18 reporting franchised stores open 1 year (Item 19, PDF p. 64) |
| Average annual gross margin for all reporting stores | 37.8% | 2025 | 385 reporting franchised stores operating the full year 2025 (Item 19, PDF p. 64) |
| Average Annual Occupancy Rent for All Reporting Stores | $184,473 | 2025 | 385 reporting franchised stores operating the full year 2025 (7.0% of gross sales) (Item 19, PDF p. 64) |
Item 19 sample and definitions
Item 19 (PDF pages 64-67) reports 2025 gross sales, gross margin percentage, rent and labor for 385 reporting franchised stores open throughout the year, grouped by store age. Sales ranged from $877,561 to $6,892,719, and 43.6% of stores exceeded the $2,622,279 average. Average rent was $184,473 (7.0% of sales) and labor $377,105 (14.4% of sales). Gross margin is printed only as a percentage (37.8% for all stores); it is not owner profit.
How to interpret Pet Supplies Plus’s Item 19 figures and sample limits · What Item 19 does and does not show about owner pay.
Item 6 royalty changes after the first twelve months. Advertising starts with fixed local and national payments, then uses a sales percentage with monthly and annual caps and a prior-sales lookback. Store services and technology choices add conditional costs. A flat annual percentage cannot preserve these terms. Reported sales are not owner income.
Scope of these figures: The selected Pet Supplies Plus disclosures above retain their recorded periods and samples. The lead figure covers 385 reporting franchised stores operating the full year 2025. They do not establish take-home owner income or the results of a new outlet. Read the linked Item 19 for the franchisor's definitions and exclusions.
Full Pet Supplies Plus franchise cost breakdown · Payback calculator (enter your own assumptions)
Sources
PSP FRANCHISE OPERATIONS SPV, LLC Franchise Disclosure Document, issued April 20, 2026, as filed with the Minnesota Commerce (CARDS). Read the source FDD PDF. How to get this FDD yourself.
- Item 5: cited PDF p. 15
- Item 6: cited PDF p. 17
- Item 7: cited PDF p. 25
- Item 19: cited PDF p. 64
- Item 20: cited PDF p. 74
- Agreement term (Item 17): cited PDF p. 53
Page references for Pet Supplies Plus use the PDF viewer's digital page count, not printed page headers. Some viewers download the document instead of opening the referenced page.
If the state document viewer does not open, use Minnesota Commerce's public filing instructions to look up the filing by franchisor name and document date.
Document & verification changelog
- October 29, 2026: Record updated.
- October 23, 2026: Source check completed against the recorded FDD.
- October 23, 2026: Complete source recheck against the April 20, 2026 FDD: cover, Item 1, Item 5, the Item 6 schedule corrected on October 19 (PDF pages 17-23), every Item 7 row and total, Item 17, Item 19 and Item 20 Tables 1-4. Corrected the franchising start year (1991) and removed an unstated founding year; replaced a computed gross-margin dollar amount with the printed percentage; added Item 5, Item 7 and Item 19 detail and page citations; corrected the Item 20 page. The source hold is cleared.
- October 19, 2026: Source review hold recorded: The October 19 audit found and corrected material Item 6 transcription errors against PDF pages 17-23. This targeted fee review does not clear the earlier whole-record verification: the other FDD sections and their narrative still require a complete source recheck. The simplified fee model is withheld for the contractual reasons stated above. The prior source-check date is historical.
- October 16, 2026: Initial cost profile published from the 2026 Franchise Disclosure Document (issued April 20, 2026).