What is the dependency between outstanding amounts due and the transfer of a Zoomin Groomin franchise?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition, prior to transfer, all outstanding amounts due to Zoomin Groomin must be paid.
Source: Item 6 — OTHER FEES (FDD pages 16–20)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, a franchisee must pay all outstanding amounts due to Zoomin Groomin before transferring ownership of their franchise. This requirement ensures that Zoomin Groomin receives all owed payments before a new owner takes over the franchise operations.
Zoomin Groomin also acts as the settlement agent during the transfer process to protect both the buyer and the seller. However, a Transfer Fee of $5,000 is not required if the transfer is to an entity where the franchisee is the majority owner, or to their child, parent, sibling, or spouse.
This condition is fairly standard in franchising, as franchisors typically want to ensure all financial obligations are met before approving a transfer. Prospective Zoomin Groomin franchisees should be aware of this requirement and plan accordingly if they consider selling their franchise in the future.