Preppy PetFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A PREPPY PET franchise requires a total initial investment of $151K – $353K, including a $20K franchise fee and an ongoing 6.5% royalty[2]. Per the 2025 FDD, average unit revenue was $427K[2]. Verdict grade: D. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $151K – $353K
- 42nd pct Pet Services
- Avg gross sales
- $427K
- 20th pct Pet Services
- Royalty
- 6.5%
- 34th pct Pet Services
- Units
- 20
- 46th pct Pet Services
- SBA default
- 0.0%
- system-wide median varies by category
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 $151K – $353K including a $20K franchise fee, 6.5% ongoing royalty.
- Average unit revenue of $427K/year (median $424K).
- Verdict D (Below Average) with a risk score of 73/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- PREPPY PET FRANCHISES, INC.
- Incorporated in
- FL
- HQ
- 57 West Michigan Street, Orlando, Florida 32806
- Auditor
- Reese CPA LLC
- Audited financials
- Franchisor revenue
- $526K
- vs $500K prior year
Overview
About
Preppy Pet franchisees operate premium pet grooming, boarding, and/or retail services targeting affluent pet owners. Day-to-day operations likely include staff management, pet care services, inventory management, customer acquisition, and facility maintenance for a specialty pet care business.
- CEO
- Jerry Gore
- Headquarters
- FL
- Founded
- 2005
- FDD year
- 2025
- States available
- 11
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $20K | $20K |
| Working capital (3–6 mo) | $33K | $95K |
| Equipment, build-out, other | $99K | $238K |
| Total initial investment | $151K | $353K |
Source: PREPPY PET 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
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
$62K
14.5% margin
Unlevered ROIC
20%
EBITDA / total invested capital
Payback
5.1 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $151K – $353K
- Near category avg vs category
- Liquid capital req'd
- $33K – $95K
- Near category avg vs category
- Franchise fee
- $20K – $35K
- Better than avg vs category
- Royalty
- 6.5%
- Gross Receipts · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.5% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $10K |
| Renewal fee | $3K |
| Total fee load | 8.5% of rev |
Financial Performance
- Avg gross sales
- $427K
- Per unit, per year
- Median gross sales
- $424K
- Item 19 type
- gross_sales
- Sample size
- 18 units
- vs category median 12
- Range (low → high)
- $183K→$670K
- Cohort dispersion (min → max)
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 75 Pet Services brands
vs Pet Services averages
How Preppy Pet Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 20
- 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
- 95%
- vs corporate-owned
- Multi-unit owners
- 7.1%
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 2
- Franchisor's next-year forecast
- Continuity rate
- 100.0%
- Units that stayed open
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 7 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 4 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 4
- Loan volume
- $1.3M
- Median loan
- $109K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 4
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Preppy Pet's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 4 lenders with concentration factor
- Per-state charge-off rates across 3 states
- Startup risk premium and job creation velocity
- 3-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Preppy Pet presents elevated risk due to undisclosed profitability, tiny unit count, Going Concern status, and lack of financial transparency despite moderate investment requirements.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Reese CPA LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 73 / 100 rating
- 01MINORNo Item 19 (Net Income) disclosure — cannot verify actual profitability despite $426K avg revenue claim
- 02MEDOnly 20 units system-wide with unknown growth trajectory — suggests limited brand traction and scaling challenges
- 03HIGHGoing Concern status is False — indicates franchisor financial instability or operational concerns
- 04MINORHigh investment-to-revenue ratio — $151K-$353K investment against $426K avg revenue leaves minimal margin for error
- 05HIGHNo disclosed litigation but Going Concern flag suggests potential undisclosed legal/financial issues
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 | 15 years |
|---|---|
| Renewal term | 15 years |
| Territory type | exclusive |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | No |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Governing law | Florida |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 18 hrs
- On-the-job training
- 34 hrs
- Training location
- Preppy Pet Orlando and Phone Training
- Field support
- 34 hrs/yr
- On-site visits per year
- POS system
- Quickbooks or Kennel management software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Quickbooks or Kennel management software
Item 20 · call current owners
Franchisee Contacts
10 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
PREPPY PET · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a PREPPY PET franchise?
The total investment to open a PREPPY PET franchise ranges from $151K – $353K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do PREPPY PET franchise owners earn?
According to Item 19 of the PREPPY PET FDD, the average gross sales per unit is $427K. The median is $424K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is PREPPY PET's franchise failure rate?
SBA 7(a) loan charge-off data is not available for PREPPY PET (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 PREPPY PET franchise locations are there?
As of their most recent FDD filing, PREPPY PET has 20 total units in the United States, including 19 franchised units and 1 company-owned units.
Is PREPPY PET a good franchise to buy?
FranchiseVerdict rates PREPPY PET as a D-grade franchise with a risk score of 73 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.