What is the difference between the low-end and high-end vehicle cost estimates for a Zoomin Groomin franchise?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
STIMATED INITIAL INVESTMENT
| Type of Expenditure | Estimated Amount (Low) | Estimated Amount (High) | Method of Payment | When Due | To Whom Payment is to be Made | | |--------------------------------------------------------------|------------------------------|------------------------------------------|------------------------------|-----------------------------------|----------------------------------------------------|--| | Franchise Fee | $45,000 | $45,000 | Check or Wire Transfer | At Signing of Franchise Agreement | Us | | | Initial Advertising (Note 1) | $500 | $5,000 | As Incurred | Upon Opening Operations | Suppliers | | | Cost of Travel, Food | $500 | $2,000 | As Incurred | During Training | Airlines, Lodging & Ground Transportation | | | and Lodging for | | | | | | | | Training (Note 2) | | | | | | | | Vehicle Purchase and Upfit (Note 3) | $9,274 | $130,000 As Before Beginning Operations | | Suppliers | | | | Tools, Inventory & Supplies (Note 4) | $200 | $1000 | As Arranged | Before Beginning Operations | Suppliers | | | Computer Equipment Services & Software (Note 5) | $500 | $1500 | As Arranged | Before Beginning Operations | Suppliers | | | Licenses & Permits (Note 6) | $400 | $2,500 | As Arranged | Before Beginning Operations | Licensing Authorities | | | Insurance (Note 7) | $2,000 | $3,000 | As Arranged | Before Beginning Operations | Insurance Company | | | Professional Fees- Legal & Accounting (Note 8) | $1,500 | $3,500 | As Arranged | Before Beginning Operations | Attorney, Accountant | | | Mobile Telecommunications Services (Note 9) | $100 | $400 | As Arranged | As Arranged | Suppliers | | | Facility (Note 10) | $0 | $1,500 | As Arranged | As Necessary | Utilities, Lessor | | | Additional Funds-3 Months (Note 11) | $5,000 | $10,000 | As Arranged | As Necessary | Us, Employees, Utilities, Lessor & Suppliers | | | TOTAL $64,974 $205,400 | | | | | | | *All fees paid to franchisor are non-refundable, except as outlined in Items 5 and 6 of this Disclosure Document. Fees paid to a third party may be refundable, depending upon the arrangement and contracts, if any, made between such third party and the franchisee.
Notes:
Note 1: Initial Advertising. This amount includes a suggested budget for local advertising and promotion of your Franchised Business for the first three months of operation.
Note 2: Cost of Travel, Food and Lodging for Training. You must pay for the travel, lodging, meals, and wages of attendees at Initial Training if not offered via videoconference. Your costs will vary.
Note 3: Vehicle. Your Franchised Business will be operated out of a Vehicle. You must purchase or lease at least one Vehicle that meets our specifications and is suitable for operation of a Zoomin Groomin mobile pet grooming business.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 20–27)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, the estimated cost for the vehicle purchase and upfit ranges from $9,274 to $130,000. The low-end estimate assumes the franchisee will lease a vehicle at MSRP with the required features and select the most economical upfitting package approved by Zoomin Groomin. The high-end estimate is based on purchasing a new vehicle at full MSRP with the required features and the highest-priced upfitting package.
The significant difference in cost is primarily due to whether the franchisee chooses to lease or purchase the vehicle, as well as the selection of upfitting options. Leasing requires a down payment, estimated to be at least 10% of the total vehicle purchase price, while purchasing involves the full vehicle cost upfront. The upfitting costs also vary depending on the chosen layout, options, and vendor.
Prospective Zoomin Groomin franchisees should carefully consider their financial situation and business plan when deciding whether to lease or purchase a vehicle. Leasing may be more accessible initially, but purchasing could be more cost-effective in the long run. Franchisees should also research and compare different upfitting packages and vendors to find the best value for their needs. Transportation fees are included in the high-end estimate, so franchisees should factor in these costs when making their decision.
It is important to note that Zoomin Groomin makes no guarantees regarding the availability of a suitable vehicle or financing. Franchisees are responsible for securing their own financing and ensuring compliance with all applicable regulations. The FDD also mentions the possibility of purchasing a used, low-mileage vehicle with Zoomin Groomin's approval, which could be a more economical option.