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When are Late Fees applied to amounts owed to Zoomin Groomin?

Zoomin_Groomin Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount Due Date Remarks
Late Fees Lesser of 1% per month or the highest rate allowable by law of the state where you are located. As incurred Apply to amounts owed to us that are five (5) days past due.

Source: Item 6 — OTHER FEES (FDD pages 16–20)

What This Means (2025 FDD)

According to Zoomin Groomin's 2025 Franchise Disclosure Document, late fees are applied to amounts owed to Zoomin Groomin that are five days past due. The late fee is the lesser of 1% per month or the highest rate allowable by law in the franchisee's state.

This means that if a franchisee fails to pay fees such as the Royalty Fee, Advertising Fund Contribution, Technology Fee, or CRM Fee within the specified timeframe, they will incur a late fee. It is important for prospective franchisees to understand the due dates for all fees and ensure timely payments to avoid these charges. The Royalty Fee is 8% of Gross Revenue subject to a minimum of $125 per week, the Advertising Fund Contribution is 2% of the previous week's Gross Revenue, the Technology Fee is up to $30 per week, and the CRM Fee is currently $69.00 per month.

Franchisees should be aware of the specific laws in their state regarding maximum allowable late fees to understand the potential financial implications of late payments. Zoomin Groomin also requires participation in an electronic funds transfer program for fee payments, so franchisees must maintain accurate bank information and notify Zoomin Groomin of any changes to avoid payment issues and potential late fees.

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.