What is the maximum population size for an additional territory that can be purchased from Hydrodog?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
up to one hundred fifty thousand (150,000) people (the "Initial Franchise Fee"). The Initial Franchise Fee is fully earned upon receipt. The Franchise Fee is due in a lump sum payment on the Agreement Date.
- 6.2 Additional Territory Fee. You may purchase additional territory rights for areas with populations of up to 50,000 each for an additional fee of ten thousand dollars ($10,000) per additional territory (the "Additional Territory Fee"). The Additional Te
Source: Item 5 — INITIAL FEES (FDD pages 11–12)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, a franchisee may purchase additional territory rights for areas with populations of up to 50,000 each. The fee for each additional territory is $10,000. This additional territory fee is not prorated if the population of the additional territory is less than 50,000.
This means that if a prospective Hydrodog franchisee wants to expand their service area, they can purchase territories adjacent to their initial territory. Each additional territory can have a maximum population of 50,000 people. Even if the actual population in the additional territory is less than 50,000, the franchisee must still pay the full $10,000 fee.
This policy provides Hydrodog with a straightforward method for franchisees to expand and increase their potential customer base. However, franchisees should carefully evaluate the demographics and market potential of any additional territory before purchasing it, as the fee is non-refundable, regardless of the territory's actual population or business generated. Franchisees should also consider the additional operational costs, such as vehicle maintenance, supplies, and marketing, associated with serving a larger territory.
It is important to note that Hydrodog does not offer exclusive territories, so franchisees may face competition from other franchisees or outlets owned by Hydrodog. Therefore, franchisees should conduct thorough market research to assess the competitive landscape and determine the viability of expanding into additional territories.