Key Numbers
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
Pet Evolution Franchise
Franchised by Pet Evolution Franchising LLC (Unit Offering) · FDD 2026
Retail FDD 2026 Founded 2011 · 15+ yrs Item 19 disclosed
Data extracted from Pet Evolution Franchising LLC (Unit Offering)'s 2026 Franchise Disclosure Document, filed under FTC Rule 16 CFR 436. How we analyze FDDs →
Initial investment
$595K - $1.2M
Franchise fee
$59K
Median unit revenue (unqualified)
$1.07M
System size
23 (+9)
The Verdict
Quick Verdict · who it fits
Pet Evolution fits first-time franchise buyers looking for an emerging retail concept.
✓ Strengths
- ✓Discloses Item 19 financial performance
- ✓No disclosed Item 3 litigation
⚠ Risks to review
- ⚠No exclusive territory — franchisor can open nearby
Key FDD Facts
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$595K - $1.2M
Franchise fee (Item 5)
$59K
Royalty (Item 6)
7% + 1.5% ad
Item 19 median rev
$1.07M population not disclosed in this filing
System size (Item 20)
23 +9
Agreement term
10 yrs
Years in business
15+ yrs
Company-owned units
3
Item 3 litigation
None disclosed
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✓No Item 3 litigation
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.
What you'd pay the franchisor
Drag to your projected annual sales. Royalty 7% + ad fund 1.5% on gross sales.
PROJECTED ANNUAL SALES$1,070,000
$100k$2M
Royalty (7%)
—
Ad fund (1.5%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
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What's inside
Franchise Overview
Costs & Fees Breakdown
Your Obligations
Franchisor Obligations
Financial Statements
Contracts Summary
Unit Economics
Network Health
Litigation Risk
Earnings Analysis
Financial Fit Analysis
Buyer Verdict
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Research, not legal advice. Use this report alongside professional legal and financial review before signing any franchise agreement.
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Competitive intelligence for franchisors →Executive Summary
Free AI summary — the first read on the filing.
AI Due Diligence Findings PREMIUM
What our analysis flagged across the 2026 filing.
7
Risks to review
3
Strengths identified
5
Questions to ask
Industry Benchmarks
How Pet Evolution ranks against 118 Retail peers we've analyzed.
Initial investment
92nd pct · of 118 peers
Franchise fee
85th pct · of 118 peers
System size
23rd pct · of 118 peers
Retail industry averages
Avg investment
$247K - $707K
Avg franchise fee
$37K
Avg system size
238
Franchises analyzed
118
How Pet Evolution stacks up
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Pet Evolution | Disclosed | $59K | $595K - $1.2M | 7% | 23 |
| Luxottica of America Inc. F/K/a Luxottica Retail North America Similar price | Disclosed | $20K | $74K - $1.2M | 7% | 484 |
| 7-Eleven Biggest system | Disclosed | — | $163K - $1.7M | 45–56% | 7,229 |
| Byrider Franchising Partners Top-rated in category | Disclosed | $60K | $947K - $1.6M | 1–2.5% | 81 |
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Frequently asked questions
How much does a Pet Evolution franchise cost?
Pet Evolution requires a $59,000 initial franchise fee and a total initial investment range of $595,300–$1,225,500, per the most recent FDD on file.
Who owns Pet Evolution?
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.
Does Pet Evolution disclose financial performance (Item 19)?
Yes. Pet Evolution discloses Item 19 financial performance representations with reported revenue around $1,067,313. See the financials sub-page for the full distribution.
What ongoing fees does Pet Evolution charge?
Franchisees pay a royalty of 7% and an advertising fund contribution of 1.5% on gross sales as defined in Item 6 of the FDD.
How many Pet Evolution locations are there?
As of their 2026 FDD, Pet Evolution has 23 total locations, with 9 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Does Pet Evolution grant exclusive territory?
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.
What are the renewal and exit terms?
Per the FDD, Pet Evolution discloses an initial agreement term of 10 years. Review Items 10 and 17 for the full renewal and termination provisions.
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