“It takes twenty years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
~ Warren Buffett
We expanded into retail franchising in 2005 with the acquisition of 2 Pet Supplies Plus (“PSP”) stores in Texas and Wisconsin. Through a series of follow-on acquisitions and new store developments, we have since become the largest franchisee in the PSP system, generating more than $100 million of revenue annually across 46 stores in 6 states.
Today, our activities are allocated between two divisions. The Coach Road division handles real estate and non-PSP franchise investments, while the U.S. Retail division is responsible for the management and growth of the PSP portfolio.