Are you looking for a low-cost pet franchise? An alternative to the more expensive dog daycare and pet hotel franchises? Zoom Room is one of the lowest cost franchises, in terms of both startup costs and ongoing operational overhead.
We designed the Zoom Room franchise with an eye to keeping costs down. Having studied the competition, we made it our goal to create a low cost franchise. And one that was way more fun to run than the other pet franchises out there. But with a significantly lower start-up and ongoing costs, and higher ROI.
Luckily, we succeeded.
The Zoom Room has a franchise fee of $49,500 for a single unit. This amount is payable upon signing of the Franchise Agreement. We have streamlined the financing process for you, providing you with resources for obtaining an SBA loan, 401-K rollover, among other options. We also provide franchisees with a time-tested business plan with a flawless batting average in obtaining funding.
Receive immediate funding eligibility results by using our quick and easy franchise financing calculator!
The Zoom Room is a member of the International Franchise Association and participates in IFA’s VetFran Program. This program provides special financial incentives to qualified veterans. Qualified veterans receive a 10% discount on the franchise fee.
We also offer a multi-unit package to exceptionally well-qualified multi-unit developers. Three units have a reduced franchise fee of $120,000. For four or more units, the fee is reduced to $36,000 per unit. You have extended time to open these additional units.
SBA Approved Franchise
The Zoom Room is an SBA Approved Franchise. This means that loan applications at an SBA lender will be processed more efficiently. The Small Business Administration has already reviewed and approved our Franchise Agreement.
Total Franchise Cost
The estimated total franchise cost requires an initial investment between $271,660 and $407,410. This total investment cost is completely all-inclusive. It includes not only our franchise fee. But also three months’ rent, leasehold improvements, inventory, utilities, equipment, signage. Travel costs. Legal fees. Everything but a bottle of champagne (which we’ll probably provide anyway).
The low franchise cost estimate is based on paying your landlord a security deposit equal to 1 month’s rent. The high estimate is based on a security deposit equal to 2 months’ rent, and for a larger facility at a higher cost per square foot.
After you fill out your initial Request Form, we’ll be happy to provide you with a more detailed breakdown of all costs. But the figures above represent everything, soup to nuts. Again, of that amount, only the franchise fee is payable to us – the rest goes to your landlord, contractor, vendors, the usual suspects.
Minimum Capital Requirements
We require that franchisees have $200,000 liquid capital to invest in this business, with a total net worth of at least $500K. If you require additional financing, we are delighted to provide you with a very detailed business plan that you may customize for your location and use to secure funding. This is provided after the signing of the Franchise Agreement.
How does our low cost franchise compare to other pet franchises?
To truly appreciate the Zoom Room as a low cost franchise, we’d encourage you to check out our comparison of relative costs between the Zoom Room and other pet franchises*
*Hint: we’re the least expensive of every brick-and-mortar pet franchise on the market!