Julia Rivera//March 9, 2023//
Julia Rivera //March 9, 2023//
Press release: Dogtopia
Dogtopia, the nation’s leading dog daycare, overnight and spa franchise, was recognized as one of the Fastest-Growing Franchises in the March/April issue of Entrepreneur magazine and online. The 2023 ranking highlights the companies that saw the greatest franchise unit growth in the U.S. and Canada from July 2021 to July 2022. Dogtopia was ranked at No. 88.
“We could not have achieved this accolade without our incredible support team and talented franchise partners, whose teams deliver the highest quality of care to every dog and parent who visits our best-in-class facilities,” Neil Gill, president and CEO of Dogtopia, said. “The rapid growth we’ve seen over the last several years would not have been possible without their hard work, compassion, and commitment to the brand.”
The Fastest-Growing Franchises ranking is based on information submitted to Entrepreneur for its annual Franchise 500 and is part of the brand’s continuing effort to best understand and evaluate the ever-changing franchise marketplace. The ranking appears in the March/April 2023 issue of Entrepreneur. Franchise companies are ranked based on their net U.S. and Canada franchise unit growth from July 31, 2021 to July 31, 2022. (Ties are broken based on percentage growth.)
Dogtopia excelled in all areas of growth, including store openings, same-store sales, systemwide revenue, and new franchise agreements. In 2022, the dog daycare provider opened 40 new daycares and secured 114 new franchise agreements. Same-store sales growth rose by 24 percent and systemwide revenue by 45 percent from 2021, as the company provided more than 4.2 million daycare experiences to dogs and pet parents throughout the U.S. and Canada.
“Our 2023 Fastest-Growing Franchises ranking recognizes the franchise brands with the greatest growth but also highlights the extraordinary momentum in the industry over the past year. After all, growth is what franchising is all about,” said Entrepreneur’s senior vice president of franchising, Liane Caruso.
Click here to see Dogtopia in the 2023 Fastest-Growing Franchises list.