What was the net income (loss) for Zoomin Groomin for the year ended December 31, 2022?

According to Zoomin Groomin's 2025 Franchise Disclosure Document, the company experienced a net loss of $482,370 for the year ending December 31, 2022. This figure is derived from the company's statements of operations included in the FDD. The document also includes the net loss figures for the subsequent years, 2023 and 2024, which were a loss of $1,117,726 and a loss of $1,825,281, respectively.

For a prospective franchisee, this information is crucial as it provides insight into the financial performance of Zoomin Groomin's operations. A history of net losses may indicate potential financial instability or challenges within the company's business model. While a single year's loss might be attributed to specific circumstances, consistent losses over multiple years, as seen here, could raise concerns about the franchisor's ability to support its franchisees and maintain a sustainable business.

It is important to note that these figures reflect the financial performance of the franchisor, Zoomin Groomin USA LLC, and not necessarily the performance of individual franchise locations. However, the franchisor's financial health can indirectly impact franchisees through the level of support, resources, and brand reputation they receive. Therefore, prospective franchisees should carefully evaluate these financial statements and consider seeking professional financial advice to assess the risks and opportunities associated with investing in a Zoomin Groomin franchise.