Updated March 20, 2020.
Detailed Estimates of Zoom Room Franchise Costs Based on Item 7 (Estimated Initial Investment) of Zoom Room’s 2019 Franchise Disclosure Document
1. Initial Franchise Fee: $49,500
2. Real Estate/Rent: $8,100 to $25,000
- This estimate includes 3 months’ rent. Your actual rent payments may vary, depending upon your location and your market’s retail lease rates. Dog Training Gyms will typically be 2,800 to 3,200 square feet in size.
- Dog Training Gyms are typically located in an area that has easy access to highways or major thoroughfares and adequate parking and may be located in retail Dog Training Gyms or in stand-alone buildings on major streets with excellent visibility.
- If you purchase, instead of lease, the premises for your Dog Training Gym, then the purchase price, down payment, interest rates, and other financing terms will determine your monthly mortgage payments.
3. Utility Deposits: $0 to $500
- This estimate includes security deposits required by the landlord and utility companies, but not your telecommunications services.
4. Leasehold Improvements: $50,000 to $150,000
- Building and construction costs will vary depending upon the condition of the premises for the Dog Training Gym, the size of the premises, and local construction costs.
- This estimate does not include construction allowances that may be offered by the landlord, or the extent and quality of improvements desired by you over and above the franchisor’s minimum requirements.
5. Initial Inventory: $8,000 to $24,000
- You must purchase an initial inventory of pet retail products. Costs vary based upon the size and location of the Dog Training Gym, suppliers, and other related factors.
- In general, a Zoom Room Franchised Business with greater visibility and longer operating hours will require larger square footage allocated to retail products, and therefore a larger investment in initial inventory.
6. Office Equipment and Supplies: $4,400 to $5,900
- This includes phones, miscellaneous office equipment, and supplies.
7. Travel and Lodging: $750 to $3,000
- The franchisor provides training at its corporate office in greater Los Angeles, California or at another location designated by it. You must pay for airfare, meals, transportation costs, salaries, benefits, lodging, and incidental expenses for all initial training program attendees.
- Initial training is provided at no charge for up to two people, one of which must be a principal owner; if additional initial training is required, or more people must be trained, an additional fee may be assessed.
- This estimate includes the travel and living expenses, including airfare, that you will incur when you and one other person attend the initial training program. It does not include any wages or salary for you or your employees during this training.
8. Signage: $5,000 to $10,000
- This amount includes the cost of both interior and exterior signage.
- The type and size of the signage you actually install will be based upon the zoning and property use requirements and restrictions. There could be an occasion where signage is not permitted because of zoning or use restriction.
- The signage requirements and costs will vary based upon the size and location of the Dog Training Gym, local zoning requirements, landlord requirements, and local wage rates for installation.
9. Furniture, Fixtures, and Equipment: $17,800 to $23,800
- This includes computer hardware and software, POS, agility equipment, seating, tables, and other furniture and equipment necessary to begin the operations of your Zoom Room Franchised Business.
10. Grand Opening: $3,000 to $6,000
- You must spend a minimum of $3,000, but may spend as much as $6,000, prior to the opening of the Zoom Room Franchised Business. This fee will be paid to suppliers of your grand opening materials.
11. Licenses, Permits, and Subscriptions: $350 to $8,500
- State and local government agencies typically charge fees for occupancy permits, operating licenses, and construction permits. Your actual costs may vary from the estimates based on the requirements of state and local government agencies.
- This estimate also covers any national organizations that the franchisor may require you to join.
12. Professional Fees: $9,000 to $15,000
- You may need to employ an attorney, accountant, or other consultant to assist you in establishing your Zoom Room Franchised Business. These fees may vary from location to location depending on the prevailing rates of local attorneys, accountants, architects, and consultants.
13. Software Set-up Fees: $400
- There is a one-time set-up fee of $400 due 60 days before you open or at such time as you request access.
14. Weekly Software Fee: $1,780
- A weekly fee of $89 begins once your software has been provisioned to you. These numbers reflect provisioning software 60 days prior to opening plus the first 3 months of operations.
15. Insurance: $200 to $400
- You must obtain and maintain, at your own expense, the insurance coverage the franchisor requires, and satisfy other insurance-related obligations.
16. Additional Funds (3 months): $10,000 to $35,000
- These amounts represent the franchisor’s estimate of the amount needed to cover your expenses for the initial three-month start-up phase of your Zoom Room Franchised Business. They include payroll costs, utilities, and other various and miscellaneous start-up costs, during the Zoom Room Franchised Business’s first three months of operation, but not any draw or salary for you.
- These figures do not include standard pre-opening expenses, Royalties, or National Advertising Fund contributions payable under the Franchise Agreement, or debt service, and assume that none of your expenses are offset by any sales generated during the start-up phase.
17. Total Estimated Initial Investment: $168,280 to $358,780