Company Overview - J.L.E.T. Enterprises, LLC, a pet specialty retailer and grooming service provider based in North Port, Florida, has filed for Chapter 11 bankruptcy protection on January 15, 2026 [4] - The company operated as a franchisee of the Three Dog Bakery brand and has a history of 10 years [4] - Founded in 2016, J.L.E.T. Enterprises offered fresh-baked dog treats, celebration cakes, and professional grooming services, primarily located in Sarasota, Florida [5] Legal and Operational Challenges - The bankruptcy filing follows a prolonged legal dispute with the franchisor, Three Dog Bakery, LLC, which terminated the franchise agreement in May 2025 [6] Industry Insights - American pet households are projected to spend about $1,733 per year on pets in 2024, covering food, products, and care [8] - In 2025, average U.S. dog owners are expected to spend approximately $2,524 per year, while cat owners will spend around $1,499 per year [8] - The U.S. pet industry is projected to grow, with spending expected to reach around $157 billion by 2025 [8]