Under what conditions is a Zoomin Groomin Transfer Fee not required?

According to Zoomin Groomin's 2025 Franchise Disclosure Document, a Transfer Fee is generally required in the event of a transfer of ownership, with Zoomin Groomin acting as the settlement agent to protect both the buyer and the seller. The standard Transfer Fee is $5,000, payable at closing. However, the document outlines specific circumstances under which this fee is waived.

The Transfer Fee is not required if you transfer your Zoomin Groomin outlet to an entity in which you are the majority owner. This provision allows for internal restructuring or incorporation of the business without incurring the transfer fee. Additionally, the fee is waived if you transfer the outlet to a close family member, specifically your child, parent, sibling, or spouse. This facilitates succession planning and allows for the transfer of the business within the family without the added financial burden of the transfer fee.

It is important to note that regardless of whether the transfer qualifies for a waiver of the Transfer Fee, all outstanding amounts due to Zoomin Groomin must be paid prior to the transfer. This ensures that the franchisor's financial interests are protected and that the franchisee is in good standing before the transfer is completed. This condition applies to all transfers, even those between family members or to entities controlled by the franchisee.