Zoomin Groomin logo

Zoomin Groomin Franchise

Audited Financials
PetsEst. 2003Virginia Beach, VA
zoomingroomin.com

Risk Score

Pending analysis

Investment Range

$186,775 - $376,650

Franchise Fee

$160,313

Total US Locations

46

Business Summary

Zoomin Groomin offers a franchise opportunity for Area Representatives to solicit, recruit, and support Zoomin Groomin unit franchisees within a designated territory. These unit franchisees provide mobile pet grooming and related pet care services using the Zoomin Groomin model. The Area Representative earns a portion of the initial franchise fees and ongoing royalty fees paid by the unit franchisees they recruit and support.

Corporate History

Zoomin Groomin USA LLC was formed as a Virginia Limited Liability Company on December 30, 2020. The company began offering area representative franchises and unit franchises in April 2021. Prior to this, Zoomin Groomin USA LLC purchased the assets of its predecessor, ZG Enterprises, Inc., on December 8, 2020. ZG Enterprises, Inc. had offered franchises since January 2005. The business concept itself originated from Mobile Pet Spa Enterprises, LLC, which was organized in 2003. Zoomin Groomin USA LLC is a subsidiary of Loyalty, LLC, which was formed in November 2017 and operates several other franchise affiliates.

Financial Overview

Investment Range

$186,775 - $376,650

Franchise Fee (Low)

$160,313

Franchise Fee (High)

$356,250

Equipment Costs (Low)

$750

Equipment Costs (High)

$1,500

Working Capital

$4,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Zoomin Groomin's financial condition, as noted in the FDD's Special Risks section, raises questions about its ability to provide services and support. This is further reflected in the financial statements which show net losses for 2022 ($482,370), 2023 ($1,117,726), and 2024 ($1,825,281). The company also has negative Members' Equity across these years, reaching $(3,636,263) by the end of 2024. Due to this financial condition, several states (California, Illinois, Maryland, Minnesota, North Dakota, Virginia, and Washington) require Zoomin Groomin to defer the collection of initial franchise fees until pre-opening obligations are met and the franchisee is open for business. The company relies significantly on short-term advances and cost reimbursements with affiliates, with a substantial 'Due From Affiliates' balance on its balance sheet, and has a net operating loss carryforward.

Financing Details

Zoomin Groomin does not offer any direct or indirect financing to its Area Representatives. It also does not guarantee any notes, leases, or other financial obligations for franchisees.

Performance Metrics

Total US Locations

46

Franchised Units

46

Corporate Units

0

Franchising Since

2021

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their Area Representative Agreement, Zoomin Groomin Area Representatives must notify the franchisor in writing at least 120 days before the agreement expires. They must also sign a new Area Representative Agreement, which may not have terms and conditions materially different from their original contract, and execute a general release of any claims they might have against Zoomin Groomin. Currently, there is no renewal fee required.

Training & Support Program

Franchisor Assistance

Zoomin Groomin provides initial training, which can be held in Virginia Beach, another designated location, or online. It gives Area Representatives access to an Operations Manual for guidance. While it does not offer site selection assistance, it provides ongoing operational and marketing support. This includes developing and maintaining a corporate website with the Area Representative's contact information, creating digital marketing materials, and potentially negotiating digital campaigns (with the Area Representative paying a pro-rata share if they participate). Zoomin Groomin will also provide the current Unit Franchise Disclosure Document for Area Representatives to use in their recruitment efforts.

Initial Training Hours

8

Training Location

Virginia Beach, VA, or online

Ongoing Support

Zoomin Groomin offers ongoing assistance with operating problems and issues that Area Representatives may encounter. This includes providing marketing assistance and support, and potentially offering additional training or seminars. Zoomin Groomin maintains a corporate website that includes each Area Representative's contact information and creates and promotes digital marketing channels like social media accounts and digital advertising. Area Representatives must allow Zoomin Groomin independent electronic access to their computer systems and business information for reviews and audits, and may be required to implement corrective action plans based on these reviews.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Home-Based

Owner Participation

Supervisory

Territory Type

Non-Exclusive

Territory Size Requirements

Zoomin Groomin Area Representative territories are defined by zip codes, political, or geographic boundaries. A typical territory is designed to be large enough to contain between 15 and 30 Unit Territories, with each Unit Territory covering a minimum population of 125,000 residents. Zoomin Groomin uses data from the U.S. Census Bureau or other reliable services to determine population figures.

Staffing Notes

The Area Representative, or a fully trained and qualified Business Manager approved by Zoomin Groomin, must personally supervise and participate in the day-to-day operation of the Area Representative business. If a manager is designated, they must have complete decision-making authority for the business and successfully complete the initial training program.