FETCH SOCIETY
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FETCH SOCIETY

A members-first indoor dog club. The owner never leaves.

EAST BOCA RATON · FLORIDA

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Confidential · Investor Briefing

The Problem

Half the year, it's too hot to play outside.

South Florida heat and humidity make outdoor dog play unusable five to six months a year. When owners want out of the house, Boca's only options are drop-off daycare and boarding.

There is nowhere to simply be with your dog.

Outdoor play, by month

Too hot for outdoor play

Source: NOAA / South Florida climate norms. May–October mean highs and humidity exceed safe sustained outdoor activity for brachycephalic breeds.

Why Now

The tailwinds point at Boca.

$152B

U.S. pet industry in 2024, up 3.4% year over year. Owners keep spending through every cycle.

39.8%

of Florida households own a dog. Florida, Texas and Idaho lead the nation in ownership growth.

$121,629

Boca median household income, about 1.5× Florida. Per-capita income runs roughly 2× the state.

66% of U.S. households own a pet  ·  70% of Millennials own one, the core demo

Sources: APPA via Insurance Information Institute / Pawlicy; Dogster (2026); PetRadar (2025); Census Reporter / Point2. RESEARCHED

The Product

A members club. Not a daycare.

A climate-controlled indoor club where owners stay and hang out with their dogs. The owner never leaves.

Climate-controlled

Comfortable year-round, whatever the heat does.

Owner-present

You stay. This is a place to be, not a drop-off.

Beer & wine bar

A proper lounge for the humans in the room.

Fresh dog menu

A real kitchen plating real meals for the dogs.

Multi-zone floor

Large, small and senior play kept separate.

The Competitive Map

Proven in Florida. Absent in Palm Beach County.

Boca today Dogtopia, Camp Bow Wow, Central Dogs. Drop-off only
Bark Square, Miami Indoor, but daycare-positioned
BarkYard n' Brews, Ft. Lauderdale Owner-present, but outdoor (the heat problem)
Kanine Social, Jacksonville Closest true comp, ~4 hours away
Fetch Society Indoor + owner-present, in Palm Beach County
INDOOR · CLIMATE-CONTROLLED OUTDOOR · HEAT-EXPOSED DROP-OFF OWNER-PRESENT THE OPEN QUADRANT

Sources: company sites for Dogtopia, Camp Bow Wow, Central Dogs, Bark Square, BarkYard n' Brews, Kanine Social. RESEARCHED

Market Sizing

It takes about 1% of the market to fill the house.

500–700
members
≈1%

penetration of the catchment fills a mature club.

50,000–62,000 dog-owning households in the 15-minute ring
~17,500 dog-owning households in the Boca core
500–700 members at a full, mature club

Boca demographics RESEARCHED Census / Point2; dog-owning household counts MODELED from the 39.8% Florida ownership rate applied to catchment households.

Business Model

Premium pricing, five ways to earn.

DAY PASS
$39
per dog · guest drop-in
MONTHLY
$99
per dog · unlimited
ANNUAL
$790
unlimited · ~$66/mo

Memberships are unlimited access. Break-even is about three visits, so regulars become members rather than paying the drop-in each time. Additional dog, same household: 30% off.

Memberships
Day passes
Human F&B
Dog menu & retail
Events & rentals

Pricing MODELED, premium to national. National reference: indoor monthly $45–65, day pass $10–20 RESEARCHED. The premium is intentional and matches the Boca income profile.

The Experience

13,000 square feet, built for room to roam.

54%

of the footprint is open play floor. The un-crowded, multi-zone feel that justifies premium pricing.

Space program MODELED. Membership cap is set by peak concurrency and weekly visit spread, not square footage. Size buys experience and pricing power, not headcount.

Unit Economics

The model clears its costs.

18–24%
EBITDA margin
9–14
months to break-even
80–90%
membership gross margin
~$390K
annual rent (13K sf × ~$30 NNN)
Labor 25–35% of revenue·Utilities $3–5K/mo·Insurance $1.5–2.5K/mo·F&B COGS ~30%·Dog-food COGS 35–45%

Margins & break-even RESEARCHED comps; rent MODELED at flex/warehouse ~$30/sf NNN, below Boca retail ~$39. Site-selection risk: retail-rate space at this size gets expensive fast.

Revenue · Stabilized Year 2

Three cases. The floor still works.

$560K
Conservative
$910K
Base case
$1.3M
Upside

Revenue MODELED, $ thousands. Comp reference: dual-revenue indoor concepts top out ~$650K–$1.2M by Year 2 RESEARCHED. Upside clears that on two F&B counters. Execution-dependent.

The Licensing Edge

We chose beer and wine on purpose.

Our path

Beer & Wine (2COP)

  • ~$392 / year, non-quota license
  • Covers on- and off-premise from one location
  • Same path as BarkYard n' Brews
  • Capital-light by design, not by limitation
The trap we avoid

Full Liquor (4COP)

  • Quota-limited: 1 per 7,500 residents
  • Palm Beach licenses trade at seven figures
  • The 4COP-SRX workaround needs 4,000 sf + 200 seats + 51% audited food revenue
  • Structurally impossible for a membership model

Sources: liquorlicensecost.com / FL DBPR RESEARCHED. Diligence item: packaged take-home dog food may trigger FL FDACS commercial-feed registration. Not a blocker.

Go-To-Market

Open with a full house.

01

Pre-sell founding members

A discounted charter tier funds buildout and proves demand before the doors open.

02

Launch to a waitlist

Open to a pre-committed base, not an empty room. Day one looks like day one hundred.

03

Run the community engine

Events, private rentals and socials keep the calendar full and referrals flowing.

Founding-member pre-sale de-risks the launch: capital and demand are validated before fit-out completes.

Roadmap

Flagship first. Then the county.

Phase 1

Flagship, East Boca Raton

Build it, prove the owner-present model, stabilize Year 2 economics.

Phase 2

Palm Beach County

Replicate in the wealthiest dog markets: Delray, Jupiter, Wellington, West Palm.

Phase 3

South Florida network

A multi-unit regional brand with shared ops, supply and membership.

The Ask

$900K $1.3M

to build and launch the Fetch Society flagship in East Boca Raton.

Buildout & FF&E

Premium finish, heavy HVAC, sanitation flooring, turf, bar, kitchen, AV.

Working capital

~6 months of runway to stabilization.

Launch marketing

Founding-member drive and brand launch.

Licensing & permits

2COP beer & wine, build permits, inspections.

Total raise MODELED: buildout $700K–$1.1M plus ~6 months working capital.

Appendix

Source bank & methodology.

RESEARCHED figures are sourced below. MODELED figures are illustrative projections built on those sources. The two are kept distinct throughout.

  • APPA via III / Pawlicy: U.S. pet industry $152B, 66% ownership, Millennial share, Frenchie #1 breed
  • Dogster (2026): Florida 39.8% dog-ownership rate
  • PetRadar (2025): TX / FL / ID ownership growth
  • Census Reporter / Point2 / Neilsberg: Boca income & population
  • Wagbar / Inc (Zoomies) / Barx Parx / RunLoyal: indoor park economics, pricing, margins, break-even, membership
  • CityFeet / LoopNet / CommercialCafe: Boca commercial lease rates
  • BarkYard n' Brews, Bark Square, Kanine Social: Florida competitive comps
  • liquorlicensecost.com / FL DBPR: 2COP vs 4COP licensing

Positioning note: first in Palm Beach County, not first in the world. The owner-present indoor model is proven elsewhere in Florida.