What was the total amount of Zoomin Groomin's due from affiliates in 2022?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
r, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about Zoomin Groomin USA LLC's ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters the auditor identified during the audit.
DASH Business Solutions, LLC
DASH
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, the total amount due from affiliates in 2022 was $176,000. This figure is part of the company's assets and reflects the amount of money owed to Zoomin Groomin by its related entities as of the end of that fiscal year.
For a prospective franchisee, understanding the 'Due From Affiliates' balance is important because it can provide insights into the financial relationships between Zoomin Groomin and its affiliates. A significant increase or decrease in this balance from year to year could signal changes in how the company manages its internal finances or the financial health of its affiliates.
It is important to note that 'Due From Affiliates' is just one component of Zoomin Groomin's overall financial picture. Franchisees should review the complete financial statements and consult with a financial advisor to fully understand the implications of these figures. Examining trends over several years, as presented in the table, offers a more comprehensive view of the company's financial stability and its dealings with affiliated entities.