Booming Pet Care Industry to Reach $60 Billion in 2016

According to Nielsen, 95 percent of U.S. pet owners consider their pets to be part of the family—and they’re treating them accordingly. The American Pet Products Association predicts people will spend $62 billion for their pets by the end of 2016, a number that’s up from $60.28 billion in 2015.

As the pet care industry continues to grow, niche business offerings—ranging from pet grooming to pet waste cleanup and everything in between—are reaping the benefits. One brand in particular is experiencing incredible growth in the pet care segment: K-9 Resorts

Daycare & Luxury Hotel, a New Jersey-based luxury pet care franchise.

With its state-of-the art 7,000-square-foot daycare facilities, cage-free boarding, designer hotel suites (outfitted with cable televisions) and hospital-grade sanitizing procedures, K-9 Resorts offers a premium retreat for man’s best friend. Dogs enjoy socializing, playing and relaxing in a safe and clean facility while owners enjoy the peace of mind that comes with boarding their pets at K-9 Resorts.

“Pets are always going to be an important driver of the economy, and that’s because people truly view their pets as family members,” said Jason Parker, Co-Founder and Co-CEO of K-9 Resorts. “What sets K-9 Resorts apart is our top-of-the-line offerings, impeccable attention to detail and stellar customer service. Our clients feel comfortable leaving their furry family members with us, knowing they are in good hands.”

This unparalleled attention to detail is paying off. Between 2014 and 2015, K-9 Resorts franchises saw gross revenue jump by more than 50 percent, and the brand is showing no signs of slowing in 2016. Earlier this year, K-9 Resorts partnered with private equity firm Navigator Partners to launch a strategic growth plan to expand its footprint across the United States with 80 new locations across the next five years.

K-9 Resorts has come a long way since its start in 2005. In their early teens, Jason and his brother Steven Parker weren’t allowed to have a dog of their own. To prove to their parents that they were responsible, the duo started a professional pet-sitting business. They later sold that business for a six-figure sum in 2006 and used that capital to start K-9 Resorts. Today, that company has grown to seven locations throughout New Jersey and Pennsylvania.

“We’re entrepreneurs, and we’re looking for like-minded individuals to continue growing this brand. With pet care spending at an all-time high, now is the time to strike,” said Jason Parker. “Our franchisees are savvy businesspeople that have turned their financial goals into a reality and enjoy coming into work every day. We’re extremely proud of our growth and our profit margin and look forward to expanding K-9 Resorts further across the United States.”