When are recurring fees and reports due for a Zoomin Groomin franchise?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
NOTE 9 - FRANCHISE AGREEMENT
The terms of the Company's franchise agreement will be as follows:
- A. The Company will grant the right to use the Company name, trademark and system in the franchisees franchise development business.
- B. The franchisee is obligated to pay a non-refundable initial franchise fee.
- C. The franchisee is obligated to pay a monthly royalty fee and other fees as outlined in the agreement.
- D. All other terms of the Franchise Disclosure Document.
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
Based on the 2025 Zoomin Groomin Franchise Disclosure Document, the excerpts provided do not specify the exact due dates for recurring fees or reports. However, the document does mention that franchisees are obligated to pay monthly royalty fees and other fees as outlined in the franchise agreement.
Item 9 of the FDD discusses the franchisee's obligations, including financial statements and exhibits, but it does not detail the specific schedule for submitting these items. Instead, it focuses on general accounting policies, the franchise agreement, and the use of trademarks.
A prospective Zoomin Groomin franchisee should review the full franchise agreement carefully and ask the franchisor for a detailed explanation of when recurring fees are due and what the specific deadlines are for submitting required reports. This information is crucial for managing the franchise's finances and maintaining compliance with the franchise agreement.