How much depreciation and amortization did Zoomin Groomin report in 2023?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
-----| | Member Contributions | - | | Member Distributions | - | | Net Income (Loss) | (482,370) | | Equity at December 31, 2022 | $ (693,256) | | Equity at January 1, 2023 | $ (693,256) | | Member Contributions | - | | Member Distributions | - | | Net Income (Loss) | (1,117,726) | | Equity at December 31, 2023 | $ (1,810,982) | | Equity at January 1, 2024 | $ (1,810,982) | | Member Contribut
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, the company reported $6,000 in depreciation and amortization expenses for the year 2023. This figure is part of the adjustments made to reconcile net loss to net cash provided by operating activities.
Depreciation and amortization are accounting methods used to allocate the cost of tangible (depreciation) and intangible (amortization) assets over their useful lives. For a prospective Zoomin Groomin franchisee, understanding these non-cash expenses is important because they affect the company's reported net income. While depreciation and amortization reduce net income, they don't represent actual cash outflows.
In Zoomin Groomin's case, the depreciation and amortization figure remains consistent across the three years presented (2022, 2023, and 2024), suggesting a stable level of fixed asset investment during this period. Franchisees should consider this in the context of Zoomin Groomin's overall financial performance and capital expenditure strategy.