factual

Under what conditions will Zoomin Groomin refund the Initial Franchise Fee?

Zoomin_Groomin Franchise · 2025 FDD

Answer from 2025 FDD Document

nt Report on Form 8-K.

INITIAL FEES

We will charge you an initial fee of $45,000 (the "Initial Franchise Fee") when you sign the Franchise Agreement. You may operate one or more Zoomin Groomin mobile pet grooming vans (each a "Vehicle" or "Outlet") within your Territory.

You must submit the Initial Franchise Fee to us before attending Initial Training, usually when the Franchise Agreement is signed. We will refund the Initial Franchise Fee paid by you if we do not approve your application or if you do not pass our Initial Training in accordance with our thencurrent passing standards for training provided that you return to us all materials which we distributed to you during training.

We do not finance the Initial Franchise Fee.

We offer a 10% discount to all qualified veterans and first responders who purchase a Territory. We may offer limited incentive programs as part of our franchise development efforts. We reserve the right to offer, modify, or withdraw any such incentive program without notice to you.

Except as described in this Item 5, the Initial Fee

Source: Item 5 — INITIAL FEES (FDD page 16)

What This Means (2025 FDD)

According to Zoomin Groomin's 2025 Franchise Disclosure Document, the initial franchise fee of $45,000 is generally non-refundable, but there are specific circumstances under which a refund may be issued. Zoomin Groomin will refund the initial franchise fee if they do not approve a prospective franchisee's application.

Additionally, a refund is possible if the franchisee does not pass the initial training, provided that all training materials are returned to Zoomin Groomin. This condition ensures that franchisees meet the brand's standards and are adequately prepared to operate a Zoomin Groomin mobile pet grooming business.

Except for these two specific conditions, the initial franchise fee is uniformly imposed and non-refundable. This policy is typical in franchising, as the initial fee covers the franchisor's costs associated with evaluating and onboarding new franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.