Entrepreneur released their rankings of the top Global Franchises, rating Petland number 50. This marks the fourth consecutive year that the company, which has 139 international locations with master franchise agreements in Canada, Mexico, Brazil, South Africa, China, El Salvador and Saudi Arabia, has been placed in the top 50 companies on this list.
In conducting its rating of franchises around the world, Entrepreneur considers numerous factors including the company's Franchise 500 ranking which determines a score based on such things as financial strength, stability, growth rate and size of the franchise system. Earlier this year, Petland ranked 171 overall in the 39th Annual Franchise 500. The Franchise 500 ranking is then compared with international size and growth of the franchise to determine the global rank.
"Petland Pet Counselors around the world provide an educational experience that teaches guests about pets and pet care," said Steve Huggins, VP of business development at Petland. "The COVID-19 pandemic had a bigger impact on our international stores with much tighter restrictions, but we were proud of all of the efforts they put forth in their communities during these difficult times. We continue to look for new master franchise partners to join the Petland family as we work to expand into additional countries."