Who determines the amount of the credit card processing fee that Zoomin Groomin franchisees must pay?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
If we allow you to pay any fee to us by credit card, you also will pay to us the then-current credit card processing fee charged by third-party processors as a credit card fee (to the fullest extent permitted by law).
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
According to the 2025 Zoomin Groomin Franchise Disclosure Document, if Zoomin Groomin allows a franchisee to pay any fee by credit card, the franchisee must also pay the then-current credit card processing fee. This fee is charged by third-party processors. Therefore, the amount of the credit card processing fee is determined by these third-party processors, not by Zoomin Groomin itself. The franchisee is responsible for covering this fee to the fullest extent permitted by law.
This means that the franchisee's cost for using a credit card to pay fees to Zoomin Groomin will fluctuate based on the rates charged by the credit card processing companies at that time. These fees are standard in business and reflect the costs incurred by Zoomin Groomin for accepting credit card payments.
Prospective franchisees should factor in these potential credit card processing fees when budgeting for their ongoing expenses. It would be prudent to inquire with Zoomin Groomin about the typical range of these fees to better estimate potential costs. Understanding these costs upfront helps in managing the financial aspects of the franchise effectively.