Does Zoomin Groomin require the address of the financial institution?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
Schedule 2- Automatic Bank Draft Authorization
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Zoomin Groomin includes a Schedule 2- Automatic Bank Draft Authorization. However, the excerpt does not specify whether the franchisee is required to provide the address of their financial institution as part of this authorization.
While the document mentions the use of automatic bank drafts, it does not detail the specific information required to set up this service. Franchisees should anticipate needing to provide standard banking information, such as the bank name, account number, and routing number, which are commonly required for automatic payments.
To clarify whether the financial institution's address is required for the Automatic Bank Draft Authorization, a prospective Zoomin Groomin franchisee should directly ask the franchisor for a sample copy of Schedule 2. This will allow the franchisee to review the exact information requested and understand the requirements for setting up automatic payments.