What is the timeframe for initiating the transfer process after the death or incapacity of a Zoomin Groomin franchisee?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
We may terminate this Agreement unless, within sixty (60) days of your death or incapacity, your executor, personal representative or guardian:
- i. seeks a transfer of your rights under this Agreement;
- ii. completes the transfer within six (6) months of your death or incapacity;
- iii. pays all monies owed to us, including the transfer fee, and
- iv. signs the then current transfer and release form, and
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, in the event of a franchisee's death or incapacity, their executor, personal representative, or guardian has a limited time frame to initiate and complete the transfer of the franchise rights. Incapacity is defined as a condition preventing the franchisee from performing their duties for 30 consecutive days.
Specifically, the executor, personal representative, or guardian must seek a transfer of rights under the Franchise Agreement within 60 days of the franchisee's death or incapacity. Furthermore, the transfer must be completed within six months of the death or incapacity.
If these steps are not taken within the specified timeframes, Zoomin Groomin has the right to terminate the Franchise Agreement. This underscores the importance of succession planning for franchisees to ensure a smooth transition in unforeseen circumstances. Additionally, the estate is responsible for paying all monies owed to Zoomin Groomin, including the transfer fee, and signing the current transfer and release form.