PetWellFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A PetWell franchise requires a total initial investment of $311K – $524K, including a $49K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $502K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $311K – $524K
- 56th pct Healthcare
- Avg gross sales
- $502K
- 12th pct Healthcare
- Royalty
- 7.0%
- 34th pct Healthcare
- Units
- 28
- 44th pct Healthcare
- SBA default
- N/A
Quick verdict · Healthcare · color = vs category peers
Green = >15% above Healthcare 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 $311K – $524K including a $49K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $502K/year (median $467K).
- Verdict A (Top Quintile) with a risk score of 34/100.
- System growing at 40.0% CAGR over 3 years with 28 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- PetWell Franchisor LLC
- Parent company
- PetWellClinic Franchise Holdings LLC
- Predecessor
- is PetWellClinic Franchisor LLC which was the franchisor of the
- Prior franchisor entity
- CEO title
- Founder and Chief Executive Officer
- Dr. Sam Meisler
- CEO experience
- 18 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- DE
- HQ
- 555 West Jackson Avenue, Unit 304, Knoxville, Tennessee 37902
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $2.1M
- vs $1.5M prior year
Affiliated brands
- of ours
- Westside NJ Petwell
- easyDVM
- PetWe
Other brands the franchisor or its parent operates (Item 1).
Overview
About
PetWell franchisees operate pet wellness facilities (likely veterinary services, grooming, or preventative care). Day-to-day operations involve managing staff, providing or coordinating pet health services, handling client scheduling/billing, and maintaining compliance with health/safety standards.
- CEO
- Dr. Sam Meisler
- Headquarters
- TN
- Founded
- 2020
- FDD year
- 2025
- States available
- 12
FDD Item 7 · 2025 filing · 21 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Feenot refundable | $49K | $49K | |
| Lease Deposit | $4K | $15K | |
| Design Package | $3K | $5K | |
| Architect Fee | $5K | $12K | |
| Leasehold Improvements | $120K | $200K | |
| Furniture, Fixtures and Equipment | $5K | $14K | |
| Exterior Signage | $5K | $12K | |
| Interior Signage, Decor, Branding | $8K | $12K | |
| Audio/Visual Equipment, including Computer System | $3K | $6K | |
| Technology Feenot refundable | $2K | $2K | |
| Communications Feenot refundable | $50 | $300 | |
| Initial Inventory | $13K | $25K | |
| Business Licenses, Permits and Certificates | $1K | $2K | |
| Insurance | $2K | $3K | |
| Professional Fees | $5K | $15K | |
| Training Expenses | $3K | $8K | |
| Employee Recruitment | $500 | $1K | |
| Veterinarian Recruiting | $0 | $25K | |
| Initial Launch Marketing | $27K | $30K | |
| Operating Expenses/Additional Funds - 3 months | $58K | $88K | |
| Total initial investment | $441K | $653K |
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
$80K
16.0% margin
Unlevered ROIC
16%
EBITDA / total invested capital
Payback
6.1 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $311K – $524K
- Near category avg vs category
- Liquid capital req'd
- $58K – $88K
- Near category avg vs category
- Franchise fee
- $40K – $49K
- Better than avg vs category
- Royalty
- 7.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $433 |
| Training fee | $400 |
| Transfer fee | $3K |
| Renewal fee | $3K |
| Inventory (initial) | $13K – $25K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $502K
- Per unit, per year
- Median gross sales
- $467K
- Item 19 type
- gross_sales
- Sample size
- 25 units
- vs category median 12 · large
- Range (low → high)
- $126K→$985K
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 201 Healthcare brands
vs Healthcare averages
How PetWell Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 28
- Opened
- 4
- Last reporting year
- Closed
- 2
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 7.1%
- Company-owned
- 7
- Corporate units in the system
- % franchised
- 75%
- vs corporate-owned
- Net growth (yr3)
- +10.5%
- Net unit change last year
- 3-yr CAGR
- +40.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 2
- Transfers (3yr)
- 1
- Projected new
- 5
- Franchisor's next-year forecast
- Transfer rate
- 3.6%
- Owners selling to other franchisees
- Ceased ops
- 10.7%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 24 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.
Available to sell in · Item 12
- New York
- Rhode Island
- South Dakota
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 8 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 8
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- 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
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
PetWell presents moderate-to-elevated risk due to undisclosed profitability metrics, franchisor financial concerns, and slow system growth that make unit-level ROI impossible to validate.
Litigation (Item 3)
No litigation required to be disclosed
Largest disclosed settlement: $129,250
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 34 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed — cannot verify if $502K average revenue translates to acceptable profitability
- 02MEDNet income not disclosed — unable to assess actual franchise profitability after 7% royalties and operating costs
- 03HIGHGoing Concern status is False — potential financial instability at franchisor level raises system sustainability questions
- 04MEDHigh investment range ($311K-$523K) against modest disclosed revenue creates ROI uncertainty
- 05MEDSlow unit growth (10.5% YoY on small base of 28 units) suggests limited market traction or franchisee recruitment challenges
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 | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 100,000 |
| 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 | 5 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Arbitration location | Knoxville, Tennessee |
| Jury trial waiver | Yes |
| Governing law | Tennessee |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 51 hrs
- On-the-job training
- 26 hrs
- Training location
- Online
- Ongoing training
- Required
- Field support
- 0 hrs/yr
- On-site visits per year
- Site selection
- joint
- POS system
- easyDVM
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: easyDVM
Item 20 · call current owners
Franchisee Contacts
39 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
PetWell · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a PetWell franchise?
The total investment to open a PetWell franchise ranges from $311K – $524K, with an initial franchise fee of $49K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do PetWell franchise owners earn?
According to Item 19 of the PetWell FDD, the average gross sales per unit is $502K. The median is $467K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is PetWell's franchise failure rate?
SBA 7(a) loan charge-off data is not available for PetWell (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 PetWell franchise locations are there?
As of their most recent FDD filing, PetWell has 28 total units in the United States, including 15 franchised units and 7 company-owned units. 4 new units were opened in the latest reporting year.
Is PetWell a good franchise to buy?
FranchiseVerdict rates PetWell as a A-grade franchise with a risk score of 34 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.