In an effort to accelerate its franchise growth, The Dog Stop has taken on a new operational partner and investor, Franvest Capital Partners Inc., which is based in Edmonton, Alberta, Canada. The Franvest team brings a “tremendous amount of franchise experience and leadership along with a history of building highly successful and industry leading international franchise organizations,” officials said in a statement.
The Dog Stop, which currently has 20-plus locations, is an inclusive indoor/outdoor dog care facility offering dog boarding, day care, grooming, obedience training and in-home services. It also has a retail store. There are another 10-plus locations currently under development with plans to expand “aggressively” throughout the United States in the coming years, officials said.
“Most major and secondary markets are available nationwide and the franchise development team is seeking qualified franchisees to help grow the brand and its award-winning dog care services,” officials added.
The Dog Stop management team, including founders Jesse Coslov and Chris Kane, will continue to lead the company. David Hardy, president of Franvest, will lead a team to expand the board of directors and provide strategic counsel and support.
“The partnership will inject growth capital into the brand to establish new marketing programs and technologies, as well as boost development efforts to bring new qualified franchisees into the system,” officials said. “The investment will also enable The Dog Stop to improve its systems and processes, while continuing to provide award-winning dog care services. Additionally, a new flagship corporate location, training facilities and corporate headquarters are in development in Pittsburgh.”
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