Playful Pack logo

Playful Pack Franchise

Audited Financials
PetsEst. 2019Arlington, VA
www.playfulpack.com

Risk Score

Pending analysis

Investment Range

$286,250 - $489,000

Franchise Fee

$60,000

Min Cash Required

$65,000

Total US Locations

9

Business Summary

PLAYFUL PACK FRANCHISING, LLC offers the right to own and operate a hospitality business that provides a full range of services for dog owners and their canine companions. These services include doggy daycare, overnight and extended boarding, dog grooming, and canine training. Additionally, Playful Pack businesses sell designated retail items and branded products. Each franchised business operates using Playful Pack's proprietary marks and its established system of operations.

Corporate History

PLAYFUL PACK FRANCHISING, LLC was organized in Virginia as a limited liability company in February 2019. Its parent company, STAPS Holdings, LLC, was formed in Delaware in July 2017 as a holding company. Playful Pack Franchising, LLC began offering and awarding franchise rights for its dog hospitality business in 2024, with the first franchised outlet commencing operations in April 2024. The company's co-founders, Scott Parker, Tyler Parker, and Alyssa Parker, have been with the company since its inception and are also principals of affiliate-owned businesses in Maryland and Virginia.

Financial Overview

Investment Range

$286,250 - $489,000

Franchise Fee (Low)

$60,000

Franchise Fee (High)

$60,000

Minimum Cash Required

$65,000

Royalty %

6%

Marketing %

1%

Equipment Costs (Low)

$100,000

Equipment Costs (High)

$285,000

Working Capital

$65,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

PLAYFUL PACK FRANCHISING, LLC's financial condition, as reflected in its financial statements, raises questions about its ability to provide services and support to franchisees. This is highlighted as a special risk in the FDD.

Financing Details

PLAYFUL PACK FRANCHISING, LLC does not offer any direct or indirect financing to its franchisees, nor does it guarantee any of their financial obligations. Franchisees are responsible for securing their own funding through external sources.

Performance Metrics

Total US Locations

9

Franchised Units

1

Corporate Units

8

Avg Square Footage

3,500

Franchising Since

2024

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their agreement, Playful Pack franchisees must not have any uncured material defaults, including monetary defaults, nor have received more than three separate written notices of material default in the 12 months before the renewal request or date. They must be in good financial standing, have the continued right to possess their premises, complete required renovations and modernization of their business, pay Playful Pack Franchising, LLC's then-current Renewal Fee, sign the then-current form of franchise agreement (which may have different terms), complete a refresher training course (typically 3 days) and pay any associated fees, and sign a general release in favor of Playful Pack Franchising, LLC and its related parties.

Training & Support Program

Franchisor Assistance

PLAYFUL PACK FRANCHISING, LLC provides a range of assistance to its franchisees. Before opening, it offers site selection guidelines and helps review and approve proposed locations and lease agreements. It loans franchisees a confidential operations manual and provides a list of required items and approved suppliers. Playful Pack Franchising, LLC also furnishes proprietary templates and specifications for designing, building out, and equipping the premises, and reviews all modifications. Franchisees receive an initial training program with modules for owner-operators (up to 10 days at a corporate training location in Virginia) and initial personnel (up to 5 days on-site at the franchised business). After opening, Playful Pack Franchising, LLC may offer additional or refresher training courses, provide continuing consultation via phone or email, and review advertising materials. It may schedule annual conferences for franchisees. Playful Pack Franchising, LLC administers a brand development fund and conducts inspections and audits of franchised businesses to ensure compliance with system standards. It also researches new equipment, products, and services, and updates its operations manuals based on this research. The contact information for franchised businesses is listed on Playful Pack Franchising, LLC's corporate website.

Initial Training Hours

104

Training Location

Corporate Training Location in Virginia, Franchised Business Premises and/or via Remote Instruction

Ongoing Support

After opening, PLAYFUL PACK FRANCHISING, LLC may offer and require franchisees and their Designated Managers to attend additional or refresher training programs for up to five days annually at the corporate headquarters or another designated location. It can also mandate remedial training for defaults. Playful Pack Franchising, LLC provides continuing consultation and advice via telephone, facsimile, or intranet, and may offer on-site assistance for a fee. It also reviews and approves franchisee-proposed marketing materials. Playful Pack Franchising, LLC may hold annual conferences, conduct inspections and audits of franchised businesses, and supplement or revise its operations manuals. It also researches new equipment, products, services, and methodologies, providing this information to franchisees as appropriate. The contact information for franchised businesses is displayed on Playful Pack Franchising, LLC's corporate website as long as they are in compliance.

Franchise Requirements

Ideal Candidate Profile

PLAYFUL PACK FRANCHISING, LLC does not provide a specific detailed profile of its ideal candidate. However, it strongly recommends (and may require) that the franchisee or a designated manager personally participate in and manage the day-to-day operations of the franchised business. This suggests a preference for hands-on, actively involved operators.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

hands-on

Territory Type

exclusive

Territory Size Requirements

PLAYFUL PACK FRANCHISING, LLC defines the boundaries of its Designated Marketing Areas (DMAs) based on consistency with Nielsen®'s definitions for such regions across the United States. If Nielsen®'s information indicates a DMA can support multiple franchised businesses, Playful Pack Franchising, LLC intends to award such DMAs under a development agreement for multi-unit development.

Staffing Notes

PLAYFUL PACK FRANCHISING, LLC requires that each franchised business be managed and staffed at all times with at least one individual who has successfully completed the initial training program. Franchisees must ensure that their initial associates, groomers, and other personnel participate in and complete the on-site module of the initial training program. Franchisees are responsible for properly training all other employees on sales, advertising, premises maintenance, and the point-of-sale and computer system, in accordance with Playful Pack Franchising, LLC's standards. The franchised business must be sufficiently staffed to operate during prescribed minimum hours and days.