What is the estimated high-end total initial investment for a Hydrodog franchise, including the purchased Hydrodog vehicle?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
ESTIMATED INITIAL INVESTMENT**
| Type of Expenditure (1) | Estimated Amount or Estimated Low ‒ High Range | Method Of Payment | When Due | To Whom Payment is To Be Made | ||
|---|---|---|---|---|---|---|
| Franchise Fee (2) | $40,000 | $40,000 | Lump Sum | At the time of signing Franchise Agreement | Us | |
| HydroDog Vehicle(3) | $1,000 (leased) $105,000 (purchased) | $2,500 (leased) $155,000 (purchased) | Monthly | Monthly | Approved Supplier | |
| HydroDog Vehicle Delivery(3) | $0 | $5,000 | Lump Sum | By agreement with us or dealer | Third Party | |
| Grand Opening Marketing (Per HydroDog Vehicle) (4) | $5,000 | $5,000 | Lump Sum | At least 60-days before opening | Us | |
| Initial Tool Package (5) | $0 | $2,500 | Lump Sum | At the time of signing Franchise Agreement | Us | |
| Construction, Improvements for home office | $0 | $1,000 | As Agreed | By agreement with provider | Lessors, Contractors, Subs | |
| Professional Fees | $0 | $3,500 | As Agreed | By agreement | Third Parties | |
| (lawyer, accountant, etc.) | with provider | |||||
| Computer System | $0 | $1,500 | Lump Sum or As Agreed | By agreement with provider | Third Parties | |
| Office Equipment | $0 | $2,500 | Lump Sum or As Agreed | By agreement with provider | Third Parties | |
| Utility Deposits | $0 | $750 | Lump Sum | As Incurred | Third Parties | |
| Insurance (monthly premium) | $250 | $750 | Lump Sum or As Agreed | As Incurred | Third Parties | |
| State and local business licenses, permits, filing fees, etc. | $300 | $700 | As Required | As Incurred | Third Parties | |
| Grooming School costs (6) | $0 | $20,000 | As Agreed | By agreement with provider | Third parties | |
| Initial Training Fee (7) | $5,000 | $5,000 | Lump Sum/As required | As Incurred | Us | |
| Additional Funds - 3 | $0 | $50,000 | As | As Incurred | Third Parties | |
| months (8) | Incurred | |||||
| TOTAL ESTIMATED | $51,550 | $140,700 | ||||
| INITIAL | ||||||
| INVESTMENT (with | ||||||
| leased HydroDog | ||||||
| Vehicle) (9) |
| Type of Expenditure (1) | Estimated Amount or Estimated Low ‒ High Range | Method Of Payment | When Due | To Whom Payment is To Be Made | |
|---|---|---|---|---|---|
| TOTAL ESTIMATED | $155,550 | $293,200 | |||
| INITIAL | |||||
| INVESTMENT (with | |||||
| purchased HydroDog | |||||
| Vehicle) (9) |
NOTES:
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–18)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, the estimated total initial investment for a franchise, including the purchase of a Hydrodog vehicle, ranges from $155,550 to $293,200. This higher-end estimate assumes the franchisee purchases the Hydrodog Vehicle and has good credit. This total encompasses various expenses, such as the franchise fee, the cost of the Hydrodog vehicle itself, delivery fees, grand opening marketing, initial tool package, construction for a home office, professional fees, computer system, office equipment, utility deposits, insurance, licenses and permits, grooming school costs, initial training fee, and additional funds for the first three months of operation.
The initial investment includes a $40,000 franchise fee, a Hydrodog vehicle purchased for $155,000, $5,000 for HydroDog vehicle delivery, $5,000 for grand opening marketing, up to $2,500 for an initial tool package, up to $1,000 for home office construction, up to $3,500 for professional fees, up to $1,500 for a computer system, up to $2,500 for office equipment, up to $750 for utility deposits, up to $750 for insurance, up to $700 for licenses and permits, up to $20,000 for grooming school costs, $5,000 for the initial training fee, and up to $50,000 for additional funds during the first 3 months.
Prospective franchisees should note that these figures are estimates and the actual initial investment may vary based on factors such as the franchisee's creditworthiness, specific location, and operational choices. It is advisable to carefully review these figures with a business advisor, such as an accountant, before making a decision to purchase the Hydrodog franchise. The FDD also indicates that the availability and terms of financing will depend on individual circumstances and the lending policies of financial institutions.