factual

What is the deadline for submitting the Gross Revenue report to Zoomin Groomin?

Zoomin_Groomin Franchise · 2025 FDD

Answer from 2025 FDD Document

Even though we reserve the right to access your computer system to download sales information, you must provide us with the required Gross Revenue report by 5:00 p.m. every Tuesday for the prior week's activity. The end of each week for Royalty collection purposes is Saturday at midnight.

Source: Item 6 — OTHER FEES (FDD pages 16–20)

What This Means (2025 FDD)

According to Zoomin Groomin's 2025 Franchise Disclosure Document, franchisees must submit their Gross Revenue report by 5:00 p.m. every Tuesday. This report covers the prior week's business activity, with the end of each week defined as Saturday at midnight. This information is crucial for calculating the Royalty Fee, which is 8% of Gross Revenue, subject to a minimum weekly fee of $125.

Zoomin Groomin requires franchisees to participate in an electronic funds transfer (EFT) program for fee payments. This means franchisees must authorize Zoomin Groomin to use a pre-authorized bank draft system. If a franchisee changes their bank account, they are obligated to notify Zoomin Groomin within one day and provide new documentation to allow for continued debits.

Zoomin Groomin also reserves the right to access a franchisee's computer system to download sales information. However, this does not relieve the franchisee of their responsibility to submit the Gross Revenue report on time. Failing to submit the report by the deadline could potentially lead to penalties or other enforcement actions as outlined in the Franchise Agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.