Tailwaggers Doggy Daycare Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$712,300 - $1,107,667
Franchise Fee
$25,000
Min Cash Required
$75,000
Total US Locations
9
Business Summary
TailWaggers Doggy Daycare operates a pet care business focusing on supervised, non-caged dog play and interaction. TailWaggers Doggy Daycare also offers overnight boarding, comprehensive grooming services, and a variety of retail pet products for sale.
Corporate History
TailWaggers Franchise Trio, LLC was organized in Wisconsin on November 6, 2006, to offer TailWaggers Doggy Daycare franchises. The company began offering franchises since the effective date of this Disclosure Document, October 25, 2007. The franchisor's affiliate, TailWaggers Doggy Day Care, LLC, was organized earlier on August 18, 2004, and has owned and operated two pet care businesses in Wisconsin since April 2005 and March 2010.
Financial Overview
Investment Range
$712,300 - $1,107,667
Franchise Fee (Low)
$25,000
Franchise Fee (High)
$45,000
Minimum Cash Required
$75,000
Royalty %
5%
Marketing %
2%
Equipment Costs (Low)
$540,000
Equipment Costs (High)
$800,000
Working Capital
$150,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
TailWaggers Franchise Trio, LLC's financial statements indicate that in 2023, continuing franchise fees made up 78% of gross revenue, with advertising fees accounting for the remaining 22%. The company faces a concentration risk regarding royalty receivables, as all eight operating franchises individually contribute more than 10% of royalty revenue, with percentages ranging from 10% to 15%. Furthermore, two owners account for a significant portion of royalty revenue; one owner operates two franchises contributing 27% of royalty revenue, and another operates three franchises contributing 44%. Geographically, six of the eight franchises are located in the Green Bay/Appleton area, and seven of the eight are in Wisconsin, indicating a regional concentration.
Financing Details
TailWaggers Franchise Trio, LLC does not offer any direct or indirect financing to its franchisees. Additionally, the franchisor does not guarantee any lease agreements or other financial obligations incurred by the franchisee.
Performance Metrics
Total US Locations
9
Franchised Units
8
Corporate Units
1
Avg Square Footage
7,000
Franchising Since
2007
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
TailWaggers Franchise Trio, LLC has no litigation to report in this Disclosure Document.
Bankruptcy History
TailWaggers Franchise Trio, LLC reports that neither the franchisor nor any of its key personnel have been involved in any bankruptcy proceedings.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew, TailWaggers Doggy Daycare franchisees must have fully complied with the Franchise Agreement, have the right to maintain possession of an approved location for the renewal term, made necessary capital expenditures to maintain uniformity with the System, satisfied all monetary obligations owed to the franchisor, not be in default, given timely written notice of intent to renew, sign the then-current Franchise Agreement (which may differ substantially), comply with current training requirements, and sign a general release.
Training & Support Program
Franchisor Assistance
TailWaggers Franchise Trio, LLC provides substantial assistance to its franchisees. Before opening, TailWaggers Franchise Trio, LLC helps with site selection, provides criteria for location, and reviews and approves lease agreements. The franchisor also offers specifications for facility development, equipment, and signage, and provides an initial training program. On-site assistance is given to help with opening questions, and franchisees receive a copy of the Operations Manual. After the business opens, TailWaggers Franchise Trio, LLC offers ongoing guidance via phone, email, and other methods. The franchisor also conducts periodic visits to provide consultation and assistance, offering written reports with improvement suggestions. Further, TailWaggers Franchise Trio, LLC provides additional operations and ongoing training and approves local, grand opening, and cooperative advertising materials.
Initial Training Hours
125
Training Location
Corporate headquarters in Greenville, Wisconsin, and the franchisee's location
Ongoing Support
TailWaggers Franchise Trio, LLC provides ongoing support through periodic advice and general guidance via telephone, email, and other communication methods. TailWaggers Franchise Trio, LLC representatives also conduct periodic visits to the franchised business, offering consultation, assistance, and guidance, and may provide written reports with suggested improvements. Ongoing training programs are made available, which franchisees or their managers are required to attend up to twice a year, for a maximum of four days annually. Franchisees are responsible for their travel and living expenses for these training programs. The franchisor also approves advertising materials and provides updates to the Operations Manual.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Commercial
Owner Participation
Full-Time
Territory Type
Non-Exclusive
Staffing Notes
TailWaggers Franchise Trio, LLC requires the franchised business to always be under the direct, full-time, day-to-day supervision of a designated manager, who must work at least 35 hours per week. This designated manager must satisfactorily complete the franchisor's initial training program. Franchisees are responsible for training their own employees and other management personnel. Additionally, individuals with access to trade secrets, including owners, officers, directors, managers, executives, employees, and staff, may be required to sign nondisclosure and non-competition agreements.