petNmindFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A petNmind franchise requires a total initial investment of $160K – $299K, including a $40K franchise fee and an ongoing 3.5% royalty[2]. Per the 2022 FDD, average unit revenue was $402K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2022 FDD issuance
Overview
- Investment
- $160K – $299K
- 43rd pct Pet Services
- Avg gross sales
- $402K
- 18th pct Pet Services
- Royalty
- 3.5%
- 7th pct Pet Services
- Units
- 1
- 4th pct Pet Services
- SBA default
- N/A
Quick verdict · Pet Services · color = vs category peers
Green = >15% above Pet Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $160K – $299K including a $40K franchise fee, 3.5% ongoing royalty.
- Average unit revenue of $402K/year.
- Verdict A (Top Quintile) with a risk score of 46/100.
- Revenue data based on only 1 reporting unit. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- PetNmind Franchising Group LLC
- Parent company
- PetNmind Holdings Corp
- CEO title
- Chief Executive Officer/Owner
- Adrian Archie
- CEO experience
- 9 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- FL
- HQ
- 6578 N. State Road 7, Coconut Creek, Florida 33073
- Auditor
- SMITH, BUZZI & ASSOCIATES, LLC
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
Overview
About
petNmind appears to be a pet services or pet care technology franchise where franchisees operate location-based or service-based pet business operations. Day-to-day activities likely involve customer acquisition, service delivery or product sales related to pet care/wellness, staff management if applicable, and revenue generation against the $401k average revenue benchmark.
- CEO
- Adrian Archie
- Headquarters
- FL
- Founded
- 2014
- FDD year
- 2022
- States available
- 1
FDD Item 7 · 2022 filing · 16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $40K | $40K | |
| Pre-Opening Travel Expenses and Living Expenses While Training | $2K | $3K | |
| Real Estate Rent Deposits and Pre-Paid Expenses | $2K | $4K | |
| Furniture, Fixtures, and Decor | $10K | $20K | |
| Construction of Leasehold Improvements | $50K | $100K | |
| Opening Inventory and Supplies | $15K | $30K | |
| Business Permits and Licenses | $1K | $3K | |
| Grand Opening Advertising | $3K | $5K | |
| Computer, Software, and Point-of-Sale System | $1K | $2K | |
| Architectural/Engineering | $2K | $4K | |
| Insurance Deposits and Premiums (3 months) | $1K | $2K | |
| Equipment and other Supplies | $20K | $60K | |
| Signage | $2K | $4K | |
| Professional Fees | $1K | $2K | |
| Additional Funds - Three (3) Months | $10K | $20K | |
| Additional Franchise Fees due at signing under the Development Programnot refundable | $40K | $60K | |
| Total initial investment | $200K | $359K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$74K
18.5% margin
Unlevered ROIC
30%
EBITDA / total invested capital
Payback
3.3 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $160K – $299K
- Near category avg vs category
- Liquid capital req'd
- $10K – $20K
- Better than avg vs category
- Franchise fee
- $40K – $40K
- Better than avg vs category
- Royalty
- 3.5%
- percentage_of_gross · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 4.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 3.5% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Training fee | $250 |
| Transfer fee | $355 |
| Renewal fee | $20 |
| Total fee load | 4.5% of rev |
A 4.5% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $402K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Affiliate Performance
- Sample size
- 1 units
- vs category median 12 · small
- Range (low → high)
- $385K→$419K
- Cohort dispersion (min → max)
- Transparency
- 6 / 5
- vs category median 4 / 5 · above
Compared against 75 Pet Services brands
vs Pet Services averages
How petNmind Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
- Multi-unit owners
- 10.0%
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 2
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $268K
- Median loan
- $134K
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into petNmind's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Pre-revenue or extremely early-stage franchise with minimal operating history, undisclosed profitability, and insufficient unit performance data to validate business model viability.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · SMITH, BUZZI & ASSOCIATES, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 46 / 100 rating
- 01MINOROnly 1 operating unit makes system viability and support scalability unverifiable
- 02MEDNet income not disclosed despite $401k average revenue claim — profitability unclear
- 03MINORHigh initial investment ($159.7k-$299k) relative to single unit track record
- 04MINORRoyalty structure (5.5% after 3 months) on unproven revenue model creates cash flow pressure
- 05MEDNo Item 19 financial performance representation — franchisor providing limited proof of concept
- 06MINOR10-year term is long commitment for unproven single-unit franchise system
- 07MINORUnknown franchise growth trajectory suggests minimal expansion interest or capability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 3 mi |
| Territory population | 50,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Miami-Dade County, Florida |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 29 hrs
- On-the-job training
- 19 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- POS system
- Meridian Star Processing
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Meridian Star Processing
Item 20 · call current owners
Franchisee Contacts
4 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
petNmind · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a petNmind franchise?
The total investment to open a petNmind franchise ranges from $160K – $299K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do petNmind franchise owners earn?
According to Item 19 of the petNmind FDD, the average gross sales per unit is $402K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is petNmind's franchise failure rate?
SBA 7(a) loan charge-off data is not available for petNmind (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many petNmind franchise locations are there?
As of their most recent FDD filing, petNmind has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is petNmind a good franchise to buy?
FranchiseVerdict rates petNmind as a A-grade franchise with a risk score of 46 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.