factual

If Zoomin Groomin does not approve my application, will the Initial Franchise Fee be refunded?

Zoomin_Groomin Franchise · 2025 FDD

Answer from 2025 FDD Document

nt Report on Form 8-K.

INITIAL FEES

We will charge you an initial fee of $45,000 (the "Initial Franchise Fee") when you sign the Franchise Agreement. You may operate one or more Zoomin Groomin mobile pet grooming vans (each a "Vehicle" or "Outlet") within your Territory.

You must submit the Initial Franchise Fee to us before attending Initial Training, usually when the Franchise Agreement is signed. We will refund the Initial Franchise Fee paid by you if we do not approve your application or if you do not pass our Initial Training in accordance with our thencurrent passing standards for training provided that you return to us all materials which we distributed to you during training.

We do not finance the Initial Franchise Fee.

We offer a 10% discount to all qualified veterans and first responders who purchase a Territory. We may offer limited incentive programs as part of our franchise development efforts. We reserve the right to offer, modify, or withdraw any such incentive program without notice to you.

Except as described in this Item 5, the Initial Fee

Source: Item 5 — INITIAL FEES (FDD page 16)

What This Means (2025 FDD)

According to Zoomin Groomin's 2025 Franchise Disclosure Document, the Initial Franchise Fee of $45,000 is refundable if Zoomin Groomin does not approve a prospective franchisee's application. The FDD specifies that the Initial Franchise Fee is also refundable if the franchisee does not pass the Initial Training, provided that all training materials are returned.

This refund policy offers some financial protection to candidates who may not be suitable for the Zoomin Groomin franchise system. It ensures that individuals who are denied the opportunity to franchise, either due to application disapproval or failure to complete training, are not penalized by losing the initial fee.

It is important to note that, according to Item 5, the refund is conditional upon returning all distributed training materials. Also, the FDD states that, except as described in Item 5, the Initial Fees are uniformly imposed and non-refundable. Therefore, franchisees should be aware of the conditions attached to the refund and ensure compliance to receive the refund if the situation arises.

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.