Industry Leading Dog Boarding and Daycare
Franchise to Enter New Markets with Seasoned Franchisee and
Son
FANWOOD,
N.J., May 21, 2024 /PRNewswire/ -- K9 Resorts
Luxury Pet Hotel, multi-award-winning luxury boarding and dog
daycare franchise brand, has announced a multi-unit signed
agreement across two states, bringing five new resorts to
Denver, Colorado and two to the
greater Clearwater area in
Florida over the next five years.
With these locations, K9 Resorts continues to capitalize on its
national growth potential through franchise partnerships.
Behind the seven-unit deal are Mike and
Thomas Esposito, a father-son duo with a passion for
franchising. The Esposito's are both Brown alumni, and followed the
same path working on Wall Street at Goldman Sachs after graduating.
Mike spent 28 years at the firm, 20 of those as a partner, before
deciding to personally invest in multiple franchises in the
restaurant industry. Thomas always knew that he wanted to break
into franchising, and in seeing K9 Resorts' booming franchise
opportunity, he knew the time was now. Thomas' business background,
knowledge of the pet care industry and passion for dogs combined
with his father's extensive business and franchising background
will make for the ultimate partnership.
"After finding K9 Resorts and meeting with Jason and Steven Parker, there was no doubt that
this was a franchise I wanted to be a part of," said
Mike. "K9 Resorts checked off all of the boxes that I was
looking for in a franchise – K9 is a market differentiator in the
pet care industry, and the business model not only gives
franchisees a blueprint for success and a strong return on
investment, but the company has plans to build out a huge
footprint. I am excited to co-own seven K9 Resorts locations with
my son and contribute to that growth, while teaching him the ins
and outs of franchising."
K9 Resorts is leading the pack among luxury pet care franchises
with more than 170 resorts across 28 states currently
operating or in various stages of development. Pet boarding is
on a trajectory to become a $35.8
billion industry by 2031 with an expected compound
annual growth rate of 6.4%. With the recent $10M investment from Partners Pacific Resorts,
and a multi-unit signed agreement in Utah and Nebraska, K9 Resorts is poised to further
dominate the luxury sector of the market.
"I worked with the pet care industry during my time at Goldman
Sachs, and I have never seen a business model quite like K9
Resorts," said Thomas. "From a business perspective, it's an
attractive franchise opportunity that's founded by two brothers who
are extremely passionate about the industry, and we're excited to
bring K9 Resorts' high standard of pet care to new communities. As
a pet owner myself, I know that dogs are true members of the
family, and K9 Resorts is a place where I would want to send my
dog."
K9 Resorts has no plans to slow their growth momentum; the
luxury pet hotel franchise has additional territories available in
Colorado, Florida, and throughout the rest of the
country. Both states make ideal markets for K9 Resorts thanks to
the growing economies, and their dog-friendly nature.
"The Esposito's are the ideal franchisees for K9 Resorts – their
collective business backgrounds and passion for pets, and Mike's
history in the franchise industry, will serve as a solid foundation
for quick success," said Jason
Parker, Co-Founder and CEO of K9 Resorts
Franchising, LLC. "K9 Resorts is expanding
exponentially, and we are eager to see their businesses foster a
culture of care and provide a home away from home where the dogs of
Denver and the greater
Clearwater area will love to stay
and play."
K9 Resorts is actively seeking single and multi-unit owners to
bring luxury pet boarding and daycare to their community.
To learn more about the K9 Resorts franchise opportunity,
visit www.k9franchise.com. To learn more about K9 Resorts
Luxury Pet Hotels, visit www.k9resorts.com.
About K9 Resorts
K9 Resorts Luxury Pet Hotel
(www.k9resorts.com) strives to offer the best pet care experience
for all the dogs in its care and has been honored with four
consecutive IBPSA Pet Care Business Excellence Awards from 2019 –
2022. Founded in 2005, by Steven & Jason Parker, each K9 Resort is custom-designed
with hospital-grade ventilation systems, antimicrobial flooring,
cage-free luxury boarding and world-class, professionally trained
staff members. Recommended by numerous pet professionals and
several major publications, K9 Resorts is proud to lead the way in
the pet hospitality industry.
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SOURCE K9 Resorts Luxury Pet Hotel