Risk Score
Pending analysis
Investment Range
$49,500 - $63,500
Franchise Fee
$29,500
Business Summary
Make Your Dog Epic Dog Training Academy operates a business that provides dog obedience and behavioral modification training. These services are delivered at customers' homes and various other public and private locations.
Corporate History
Make Your Dog Epic Dog Training Academy Franchising, LLC was formed on July 31, 2024, as an Oklahoma limited liability company. It began offering franchises in August 2024. The company has no parent or predecessor company. Its affiliate, Make Your Life Epic, LLC (MYLE), licensed the MAKE YOUR DOG EPIC name and certain System elements to three independent dog training businesses in May 2024 before Make Your Dog Epic Dog Training Academy started franchising. Two of these businesses are expected to sign franchise agreements, while the third operates under an oral license and offers additional services not provided by franchisees.
Financial Overview
Investment Range
$49,500 - $63,500
Franchise Fee (Low)
$29,500
Franchise Fee (High)
$29,500
Royalty %
20%
Equipment Costs (Low)
$12,500
Equipment Costs (High)
$14,000
Working Capital
$6,250
Audited Financials
Yes
Offers Financing
No
Financial Health Notes
Make Your Dog Epic Dog Training Academy is a very new company, formed in July 2024. As of September 9, 2024, Make Your Dog Epic Dog Training Academy has total assets of $630 and no liabilities. Its equity of $630 includes $50,000 in partner contributions but shows a net loss of $49,370 in its initial operating period. This suggests that as a newly formed entity, Make Your Dog Epic Dog Training Academy has used nearly all its initial capital for expenses and currently has very limited financial resources.
Financing Details
Make Your Dog Epic Dog Training Academy does not offer any direct or indirect financing to its franchisees. Make Your Dog Epic Dog Training Academy also does not guarantee any leases, notes, or other obligations for franchisees. Franchisees will need to secure all necessary funding from third-party sources.
Performance Metrics
Total US Locations
0
Franchised Units
0
Corporate Units
0
Franchising Since
2024
Legal & Compliance Analysis
Recent Litigation
Yes
Bankruptcy
No
Litigation Count
3
Litigation Summary
Make Your Dog Epic Dog Training Academy's Vice President of Business Development, Peter Taunton, is involved in three lawsuits filed in December 2023. These cases, initiated by former franchisees of Nautical Bowls, name Nautical Bowls Franchising, LLC and Peter Taunton as its former CEO, among other representatives. The lawsuits allege violations of franchise law, deceptive trade practices acts (Minnesota and Texas), common law fraud, negligent misrepresentation, promissory/equitable estoppel, and breach of contract related to the sale of Nautical Bowls franchises. The plaintiffs are seeking compensatory and exemplary damages, as well as attorneys' fees. All three cases are currently in the pre-trial stage.
Bankruptcy History
Make Your Dog Epic Dog Training Academy has no bankruptcy history to disclose.
Agreement Terms
Initial Term
5 years
Renewal Term
5 years
Renewal Conditions
To renew their Make Your Dog Epic Dog Training Academy franchise, franchisees must notify Make Your Dog Epic Dog Training Academy of their intent to renew at least six months before the current franchise term expires. At the time of renewal, franchisees must be in full compliance with their franchise agreement, pay all amounts owed to Make Your Dog Epic Dog Training Academy, and meet its then-current qualifications and training requirements. They will also need to sign a successor franchise agreement, which may have terms materially different from the current agreement, including potential changes in fees and territorial protection. Additionally, franchisees and each owner must sign a general and full release of all claims against Make Your Dog Epic Dog Training Academy and its affiliates, and pay a renewal fee of $5,000.
Training & Support Program
Franchisor Assistance
Make Your Dog Epic Dog Training Academy provides pre-opening assistance by admitting the franchisee's Key Person and one other individual to its initial training program and offering pre-opening consultation and advice. Franchisees also receive access to an online copy of the confidential operations manual. For ongoing support, Make Your Dog Epic Dog Training Academy offers consultation and advice, which can include information on new services, advertising, marketing, and financial guidance. This support may be delivered through on-site visits, meetings, seminars, or electronic materials. Make Your Dog Epic Dog Training Academy also communicates information about approved and designated suppliers to franchisees.
Initial Training Hours
41.5
Training Location
Franchisor headquarters in Tulsa, OK
Ongoing Support
Make Your Dog Epic Dog Training Academy provides ongoing consultation and advice, including information on new services, advertising, marketing, and financial guidance, delivered through various methods like on-site visits, meetings, seminars, or electronic materials. Franchisees also receive weekly coaching calls, and access to designated scheduling software and other technology systems, for which they pay monthly fees. Make Your Dog Epic Dog Training Academy may also hold an annual convention for franchisees to disseminate important information.
Franchise Requirements
Ideal Candidate Profile
Make Your Dog Epic Dog Training Academy's business model assumes that the franchise will be owner-operated, meaning the franchisee or a designated Key Person should be actively involved. The Key Person must successfully complete Make Your Dog Epic Dog Training Academy's initial training program and agree to its confidentiality and non-compete requirements.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
hybrid
Owner Participation
Hands-On
Territory Type
exclusive
Territory Size Requirements
Make Your Dog Epic Dog Training Academy territories are called "Service Areas" and are defined on a map attached to the Franchise Agreement Summary Page. Each Service Area will have a minimum population of 15,000. These areas can be identified by streets, natural boundaries, ZIP codes, or may encompass one or more cities or counties.
Staffing Notes
Make Your Dog Epic Dog Training Academy requires that all personnel, especially those interacting with customers, maintain good customer relations, provide competent, prompt, courteous, and knowledgeable service, and adhere to Make Your Dog Epic Dog Training Academy's minimum standards. Employees must also present a neat and clean appearance and conduct themselves professionally. Franchisees are solely responsible for all aspects of personnel management, including hiring, discipline, discharge, compensation, and labor relations. The Key Person and other trainers must also comply with Make Your Dog Epic Dog Training Academy's continuing education and certification requirements.