What was the net loss for Zoomin Groomin in 2022?

According to Zoomin Groomin's 2025 Franchise Disclosure Document, the company experienced a net loss of $482,370 in 2022. This figure is derived from the cash flow statement, which details the company's financial activities over the past three years. The document also includes an independent auditor's report, affirming that the financial statements accurately represent Zoomin Groomin's financial position and operations. This loss is part of a trend of net losses, with larger losses reported in 2023 and 2024.

For a prospective franchisee, this information is crucial for assessing the financial health and stability of Zoomin Groomin. While net losses don't necessarily indicate a failing business, they do warrant careful consideration. A potential franchisee should investigate the reasons behind these losses, such as high startup costs, investments in growth, or other factors. Understanding the context of these losses can help a franchisee make an informed decision about the risks and opportunities associated with investing in a Zoomin Groomin franchise.

Furthermore, the FDD provides additional financial data, including revenue streams and expenses, which can offer a more comprehensive view of Zoomin Groomin's financial performance. Reviewing these details alongside the net loss figure can help a prospective franchisee evaluate the company's potential for profitability and long-term sustainability. It is also advisable to consult with a financial advisor to interpret these financial statements and assess the overall investment opportunity.