How should the Zoomin Groomin franchise fee be paid?
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 W |
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 franchise fee is $45,000, payable by check or wire transfer. This fee is due when signing the Franchise Agreement. It's important to note that, as stated elsewhere in Item 7, all fees paid to Zoomin Groomin are non-refundable, except as outlined in Items 5 and 6 of the Disclosure Document. Therefore, a prospective franchisee should be certain of their decision before paying this fee.
In addition to the franchise fee, the initial investment for a Zoomin Groomin franchise includes other expenses such as initial advertising, costs for travel, food and lodging for training, vehicle purchase and upfitting, tools, inventory and supplies, computer equipment services and software, licenses and permits, insurance, professional fees, mobile telecommunications services, facility costs, and additional funds for the first three months of operation. These costs range from a low of $64,974 to a high of $205,400.
Understanding the payment methods and due dates for each component of the initial investment is crucial for financial planning. While the franchise fee is paid directly to Zoomin Groomin, other expenses like vehicle purchase, supplies, and insurance are paid to third-party suppliers or service providers. The timing of these payments varies, with some due before beginning operations and others as incurred. Prospective franchisees should carefully review the payment terms and refund policies of these third-party vendors to manage their financial risk effectively.