How often is the Royalty Fee payable for a Zoomin Groomin franchise?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty Fee (Notes 1) | The Royalty Fee rate is 8% on Gross Revenue subject to a minimum Royalty Fee of $125 per week (the "Minimum Weekly Royalty Fee"). | Payable Weekly by electronic funds transfer ("EFT") from your Bank Account. | Revenues from the Franchised Business. |
Note 1: Royalty Fee. Your obligation to pay the Royalty Fee will commence immediately upon execution of a Franchise Agreement. This fee is subject to the Minimum Weekly Royalty Fee beginning the thirteenth week immediately following the earlier of (a) the day you complete Initial Training or (b) the day you begin operations, whichever occurs first.
The Royalty Fee is calculated based upon Gross Revenues. "Gross Revenues" means the total of all receipts whether cash, credit, checks, bitcoin, or other means of exchange net of any tax, adjustments, credits and allowances actually made in accordance with the Operations Manual. Even though we reserve the right to access your computer system to download sales information, you must provide us with the required Gross Revenue report by 5:00 p.m. every Tuesday for the prior week's activity. The end of each week for Royalty collection purposes is Saturday at midnight.
The Royalty Fees are paid by Electronic Funds Transfer. If you change your bank account or transfer your account to a different bank, you must notify us within one day, and sign and deliver to us and the bank new documents to permit us to debit your bank account within three days. We require you to execute an Automatic Bank Draft Authorization and pay most fees to us via ACH electronic funds transfer. See Schedule 2 to the Franchise Agreement.
Source: Item 6 — OTHER FEES (FDD pages 16–20)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, the Royalty Fee is payable weekly. Specifically, the Royalty Fee is due weekly by electronic funds transfer (EFT) from the franchisee's bank account. The Royalty Fee is 8% of Gross Revenue, but there is a minimum weekly royalty fee of $125.00.
Zoomin Groomin requires franchisees to participate in an electronic funds transfer program, which authorizes the company to utilize a pre-authorized bank draft system. Franchisees must provide Zoomin Groomin with the required Gross Revenue report by 5:00 p.m. every Tuesday for the prior week's activity. For royalty collection purposes, the end of each week is Saturday at midnight.
If a Zoomin Groomin franchisee changes their bank account or transfers their account to a different bank, they must notify Zoomin Groomin within one day. They also need to sign and deliver new documents to Zoomin Groomin and the bank to permit Zoomin Groomin to debit the franchisee's bank account within three days. The obligation to pay the Royalty Fee commences immediately upon execution of the Franchise Agreement. However, the minimum weekly royalty fee begins the thirteenth week immediately following the earlier of (a) the day you complete Initial Training or (b) the day you begin operations, whichever occurs first.