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Waggin’ Tailz Franchise Cost & Fees

Date Incorporation: 2008

Franchising Since:  2008

Headquarters: Texas

Description: The Waggin' Tailz franchise operates a home-based business which provides dog and pet care services such as pet sitting, vacation visits, dog walking, puppy breaks, boarding, and pet taxiing.

Franchise Offer: The franchise offered is for the right to operate a home-based business which provide dog and pet care services that operate under the name "Waggin' Tailz,"

Financial Assistance: The franchisor does not offer direct or indirect financing.

Training and Assistance: The franchisee and up to two additional employees must attend and successfully complete the initial training program. This is located in Houston, Texas.

Territory: The franchisee will be granted an exclusive territory.

Term of Agreement and Renewal: The length of the franchise term is 10 years, with an option for renew for one additional term of 10 years.

Obligations and Restrictions: The franchisee must be involved in the general oversight and management of the operations of the Franchised Business.

Total Number of Units: 1 outlet at the end of 2007

Total Number of franchises Units: No franchised outlets at the end of 2007

Investment Tables:

Initial Investment:

 Expenditures  Low    High
 Initial Franchise Fee   $8,000   $8,000
 Business Licenses & Permits  $150     $1,000
 Fixtures, Furnishings &Equipment    $0    $500
 Computer System and Licensing Fee  $500    $2,500
 Other Professional Fees  $0    $1,000
 Insurance Deposit    $550    $750
 Initial Inventory of Supplies      $500  $600
 Training Expenses    $100    $1,500
 Grand Opening Advertising   $500    $1,000
 Additional Funds (for initial period of operations)  $0    $500
 TOTAL ESTIMATED INITIAL INVESTMENT    $10,300   $17,350


Ongoing fees:

Name of Fee   Amount 
 Royalty   4% of Net Sales.
 Advertising Obligations   2% of Net Sales to the System Ad Fund. Local advertising - additional 1% of Net Sales
 Local Telephone and On-line Directories  Varies
 Additional telephonic, electronic mail training and assistance  For additional telephonic and electronic mail assistance, our additional training fee is currently $50.00 per hour.
 On-site training and assistance  For on-site assistance, our per-diem charge is currently $500, plus our out-of-pocket expenses, per trainer. For additional telephonic and electronic mail assistance, our additional training fee is currently $50.00 per hour.
 Fees related to Computer System and Software  One-time user license fee of $500 to Us
 Product/Supplier Testing  Varies - the costs of testing and evaluation.
 Transfer Fee   An amount equal to 50% of our then-current initial franchise fee.
 Renewal Fee   An amount equal to 50% of our then-current initial franchise fee.
 Charges for "mystery customer" quality control evaluation   Will vary under circumstances, but not to exceed $500 per year.
 Technology Fee   $20 per month during the term of your Franchise Agreement.
 Late Fee and Interest on Overdue Payments   A late fee equal to 5% of your overdue amount, and interest equal to 1.5% per month (but not more than any maximum rate set by law).
 Dues and Assessments Imposed by a Franchisee Advisory Council  Currently - none
 Gift Card Program  Will vary under circumstances
 Prohibited Product or Service Fine  $250 per day of use of unauthorized products or services
 Audit Expenses  All costs and expenses associated with the audit, reasonable accounting and legal costs.
 Insurance Procurement  Our cost to obtain insurance coverage if you fail to do so.
 Relocation Expenses  Our actual expenses.
 Costs and Attorneys' Fees Will vary under circumstances.
Indemnification Will vary under circumstances.


Date of FDD:
2009


The above information has been taken from the UFOC/FDD of Waggin’ Tailz
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