Franchise Group is an owner and operator of franchised and franchisable businesses that continually looks to grow its portfolio of brands while utilizing its operating and capital allocation philosophy to generate strong cash flow for its shareholders. Franchise business lines include, Pet Supplies Plus, American Freight, The Vitamin Shoppe and Buddy’s Home Furnishings. On a combined basis, Franchise Group currently operates over 1,800 locations predominantly located in the U.S. that are either Company-run or operated pursuant to franchising agreements.
Founded in 1988 and headquartered in Livonia, Michigan, PSP is the leading franchisor and operator of pet-specialty stores that provide a customer-centric shopping experience in smaller stores with a neighborhood feel. PSP blends the advantages of national scale with those of a friendly, local neighborhood pet store. Stores have a streamlined design, which makes them easy to navigate, and a wide assortment of proprietary and third-party branded pet foods, hard goods, and pet services. PSP also offers online shopping alternatives with same-day delivery from local stores or curbside pick-up. PSP is recognized by Entrepreneur magazine as the top full-service pet supplies franchise for its excellent performance, financial strength and stability, growth rate, and system size. Today, PSP’s footprint includes over 550 stores covering 36 states, including over 300 franchised locations.
Since 1994, American Freight has been helping customers save money on quality furniture and mattresses. In February 2020, American Freight combined with Sears Outlet, a leading national discount retailer of home appliances, to create American Freight Furniture Mattress Appliance. The enhanced American Freight launched in June 2020, leverages the strong legacies of the founding organizations to deliver consumers a one-stop-shop for quality furniture, mattresses and appliances at everyday low prices! With over 4 million satisfied customers, American Freight will continue to grow while its mission remains the same: sell the best for less every day while delivering exceptional customer service. American Freight will continue to deliver on its commitment of take it home today with same day delivery available for all in-stock items, including appliances, with payment plan options for every customer, including no credit required and other credit options with low, easy payments. American Freight operates over 300 stores in 40 states across the United States and Puerto Rico. For more information, visit www.AmericanFreight.com.
The Vitamin Shoppe is an omni-channel specialty retailer and wellness lifestyle company with the mission of providing customers with the most trusted products, guidance and services to help them become their best selves. The Vitamin Shoppe offers a comprehensive assortment of nutritional solutions, including vitamins, minerals, specialty supplements, herbs, sports nutrition, homeopathic remedies, green living products, and natural beauty aids through proprietary brands and approximately 700 national brands. The Vitamin Shoppe operates over 750 company-operated retail stores under The Vitamin Shoppe and Super Supplements banners, as well as through its online store.
Buddy’s Home Furnishings is a specialty retailer which franchises and operates rent-to-own stores that lease durable goods, such as electronics, residential furniture, appliances and household accessories. Buddy’s Home Furnishings operates almost 300 locations, primarily through franchise arrangements