What does the low-end estimate for the Hydrodog Vehicle assume regarding leasing or purchasing?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
Currently you must lease or purchase the HydroDog Vehicle from an approved supplier.
Your HydroDog Vehicle must be outfitted and wrapped in the colors, specifications and manner we specify.
The low-end estimate assumes will lease the required HydroDog Vehicle for the business.
The high-end estimate assumes you purchase the HydroDog Vehicle with certain fees and costs payable upon signing the purchase agreement and assumes that you have good credit.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–18)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, the low-end estimate for the Hydrodog vehicle assumes that the franchisee will lease the vehicle. The estimated initial investment for a leased Hydrodog vehicle ranges from $1,000 to $2,500, payable monthly to an approved supplier.
In contrast, the high-end estimate assumes the franchisee will purchase the Hydrodog vehicle, with costs ranging from $105,000 to $155,000. The FDD specifies that the high-end estimate assumes the franchisee has good credit.
This distinction between leasing and purchasing significantly impacts the total estimated initial investment for a Hydrodog franchise. The total estimated initial investment with a leased vehicle is $51,550 to $140,700, while the total estimated initial investment with a purchased vehicle is $155,550 to $293,200. This difference highlights the importance of considering financing options and creditworthiness when evaluating the financial feasibility of a Hydrodog franchise.