When is the Assistance Fee payable to Zoomin Groomin in the event of death or incapacity?

According to Zoomin Groomin's 2025 Franchise Disclosure Document, in the event of a franchisee's death or incapacity, an Assistance Fee is payable to Zoomin Groomin at the time of the expense. This fee covers reimbursement for expenditures incurred by Zoomin Groomin, plus 10% of gross revenues. Zoomin Groomin is entitled to reimbursement from the franchisee or their estate for any reasonable expenses incurred, along with 10% of gross revenues, for the period Zoomin Groomin operates or assists in the operation of the franchised business.

This means that if a Zoomin Groomin franchisee dies or becomes incapacitated, Zoomin Groomin will step in to assist with or operate the business. The franchisee or their estate will be responsible for reimbursing Zoomin Groomin for any expenses they incur during this period. These expenses can include costs related to managing the business, paying employees, and maintaining inventory. In addition to reimbursing expenses, the franchisee or their estate must also pay Zoomin Groomin 10% of the gross revenues generated during the time they are assisting with or operating the business.

This fee structure ensures that Zoomin Groomin is compensated for their time and effort in managing the business during a difficult time for the franchisee. It also provides an incentive for Zoomin Groomin to maintain the business's profitability, as their compensation is tied to gross revenues. Prospective franchisees should consider this potential cost when evaluating the Zoomin Groomin franchise opportunity, as it could significantly impact their estate or financial planning in the event of death or incapacity.