Quick Verdict · who it fits
Pet Evolution fits first-time franchise buyers looking for an emerging retail concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$606K - $1.2M
Franchise fee (Item 5)
$59K
Royalty (Item 6)
5–7% + 0.5–1.5% ad
Item 19 median rev
$825k franchised stores, open for entire 12-month period ended Marc…
System size (Item 20)
20 +5
Agreement term
10 yrs
Years in business
15+ yrs
Company-owned units
3
Item 3 litigation
1 suit
Model Pet Evolution's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
•No exclusive territory•Owner-operator required✓No bankruptcy disclosed•1 Item 3 case
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Where units actually land — not just the headline average.
P25
$468k
Median
$825k
P75
$1.09M
▪ n = 18 units · franchised stores, open for entire 12-month period ended March 31, 2026 · 12-month period ended March 31, 2026 · Source: 2026 FDD Item 19
Drag to your projected annual sales. Royalty 5–7% + ad fund 0.5–1.5% on gross sales.
PROJECTED ANNUAL SALES$820,000
$100k$2M
Royalty (5–7%)
—
Ad fund (0.5–1.5%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
19
Total units open
16 franchised, 3 company-owned/affiliate-owned
9 franchised units in 2024
Units opened last year
1 franchised unit in 2024
Units closed last year
+8 franchised units in 2024
Net unit growth
What our analysis flagged across the 2026 filing.
7
Risks to review
3
Strengths identified
5
Questions to ask
How Pet Evolution ranks against 126 Retail peers we've analyzed.
Initial investment
91st pct · of 126 peers
Franchise fee
86th pct · of 126 peers
System size
25th pct · of 126 peers
Retail industry averages
Avg investment
$254K - $680K
Avg franchise fee
$38K
Avg system size
225
Franchises analyzed
126
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Pet Evolution | Disclosed | $59K | $606K - $1.2M | 5–7% | 20 |
| Luxottica of America Inc. F/K/a Luxottica Retail North AmericaSimilar price | Disclosed | $30K | $789K - $1.2M | 7% | — |
| 7-ElevenBiggest system | Disclosed | — | $163K - $1.7M | 45–56% | 7,274 |
| Byrider Franchising PartnersTop-rated in category | Disclosed | $60K | $947K - $1.6M | 1–2.5% | 81 |
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Free explainers to go deeper before you sign.
Brand Analysis
The '$0 franchise fee' is the bottom of a range, not the fee. 7-Eleven's 2026 FDD prices the Franchise Fee at $0 to $1,100,000 per store, and the ongoing 7-Eleven Charge is not just a royalty: Item 6 says it is also your lease of the store and equipment. Here is the full cost stack, line by line.
Brand Analysis
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Investment Guide
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Pet Evolution requires a $59,000 initial franchise fee and a total initial investment range of $606,300–$1,239,500, per the most recent FDD on file.
Pet Evolution is franchised by Pet Evolution Franchising LLC (Unit Offering), the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Yes. Pet Evolution discloses Item 19 financial performance representations with reported revenue around $824,766. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 7% of weekly Gross Revenue, reduced to 5% for first year and an advertising fund contribution of 1.5% of weekly Gross Revenue, reduced to 0.5% for first year on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Pet Evolution has 20 total locations, with 5 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
No. Pet Evolution does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, Pet Evolution discloses an initial agreement term of 10 years, a renewal fee of $24,500. Review Items 10 and 17 for the full renewal and termination provisions.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt