How does the area rep sales revenue for Zoomin Groomin compare between 2023 and 2024?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
0,782 | 39,540 | | Total Current Liabilities | 1,831,712 | 1,074,372 | 213,100 | | | | | | | Long-Term Liabilities | | | | | Deferred Revenue | 7,974,307 | 4,125,904 | 1,240,410 | | Total Long-Term Liabilities | 7,974,307 | 4,125,904 | 1,240,410 | | Total Liabilities | 9,806,019 | 5,200,276 | 1,453,510 | | Members' Equity | | | | | Retained Earnings | (3,636,263) | (1,810,982) | (693,256) | | Members' Equity | (3,636,263) | (1,810,982) | (693,256) | | TOTAL LIABILITIES & EQUITY | $ 6,169,756 | $ 3,389,294 | $ 760,254 |
Statements of Operations For The Three Years Ended December 31
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Revenues | |||
| Franchise Fees | $ 496,101 | $ 260,076 | $ 24,545 |
| Marketing & Technology Revenue | 383,043 | 103,849 | 10,059 |
| Area Rep Sales Revenue | 485,389 | 484,754 | 55,248 |
| Royalty Revenue | 1,420,950 | 376,630 | 92,640 |
| Other Income | 40,000 | 113,749 | - |
| Interest Income | 73,831 | 57,843 | 23,128 |
| Total Revenues | 2,899,314 | 1,396,901 | 205,620 |
| Expenses | |||
| Advertising and Marketing | 919,283 | 280,833 | 96,532 |
| Amortization Expense | 6,000 | 6,000 | 6,000 |
| Area Rep Expense | 1,658,376 | 568,628 | 74,059 |
| Commissions and Consulting | 167,473 | 198,260 | 9,750 |
| Contract Labor | 48,517 | 4,025 | 3,750 |
| Filing Fees | 8,569 | 7,905 | 5,951 |
| Insurance Expense | 7,492 | 5,368 | 4,203 |
| Lease Expense | 27,258 | - | - |
| Legal and Professional | 68,861 | 12,145 | 10,294 |
| Licenses & Fees | 175 | 601 | 535 |
| Meal Expense | 11,695 | 10,425 | 5,372 |
| Meeting Expense | 832 | 2,027 | 10,737 |
| Office Expense |
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, the area rep sales revenue increased slightly from 2023 to 2024. In 2023, the area rep sales revenue was $484,754, and in 2024, it increased to $485,389. This represents a small increase of $635 in area rep sales revenue from 2023 to 2024.
Area rep sales revenue is one of several revenue streams for Zoomin Groomin. Other revenue streams include franchise fees, marketing and technology revenue, royalty revenue, other income, and interest income. Franchise fees increased significantly from $260,076 in 2023 to $496,101 in 2024. Royalty revenue also saw a substantial increase from $376,630 in 2023 to $1,420,950 in 2024. Marketing and technology revenue increased from $103,849 to $383,043 during the same period.
While area rep sales revenue remained relatively stable, the overall revenue for Zoomin Groomin increased significantly from $1,396,901 in 2023 to $2,899,314 in 2024. Despite the increase in revenue, Zoomin Groomin experienced a net loss of $1,117,726 in 2023 and $1,825,281 in 2024. This indicates that expenses also increased substantially during this period, outpacing the revenue growth. Expenses increased from $2,514,627 in 2023 to $4,724,595 in 2024.