For Zoomin Groomin, what must occur before the initial franchise fees described in Item 5 are no longer deferred?
Zoomin_Groomin Franchise · 2025 FDDAnswer 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 20 — Initial Fee Deferral (FDD pages 65–66)
What This Means (2025 FDD)
According to the 2025 Zoomin Groomin FDD, the initial franchise fee of $45,000 is due when you sign the Franchise Agreement. Specifically, you must submit the initial franchise fee before attending Initial Training, which typically occurs when the Franchise Agreement is signed.
Zoomin Groomin will refund the initial franchise fee if they do not approve your application or if you do not pass their Initial Training, provided you return all training materials. Zoomin Groomin does not offer financing for the initial franchise fee.
Zoomin Groomin offers a 10% discount on the initial franchise fee to qualified veterans and first responders who purchase a territory. They may also offer limited incentive programs as part of their franchise development efforts, which they reserve the right to modify or withdraw without notice. Except as specifically described, the initial fees are uniformly imposed and non-refundable.