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Lil’ Pals Pet Photography Franchise Cost & Fees

Date Incorporation: 2004

Franchising Since:  2005

Headquarters: Tennessee

Description: Lil’ Pals Pet Photography franchises contacts veterinarians, pet groomers and other pet businesses, and schedules to take pictures of the pets of their clients in a mobile studio. The images are developed by photo processing labs approved by Lil' Pals, and then delivered to the host location (groomer, veterinarian clinic, pet store or other pet location) to be distributed to the pet owners.

Franchise Offer: The franchise offered is for the right to provide mobile photography services for all kinds of pets under the trade name Lil’ Pals Pet Photography.

Financial Assistance: Lil' Pals does not offer direct or indirect financing.

Training and Assistance: Lil' Pals will train the franchisee and one other person at locations within the in Memphis, Tennessee Metropolitan Area for a five-day period.

Territory: The franchisee will be granted an exclusive territory with an average population of 300,000 or approximately 150 veterinarians and pet groomers.

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

Obligations and Restrictions: The franchisor does not require the franchisee to participate in the direct, on-premises day-to-day operation of the Pet Photography Business, but does recommend that they become personally involved in the operation of the business.

Total Number of Units: 5 outlets at the end of 2008

Total Number of franchises Units: 5 franchised outlets at the end of 2008

Investment Tables:

Initial Investment:

Expenditures   Low   High 
 Initial Franchise Fee   $10,000   $10,000
 Mobile Unit    $29,000   $29,000
 Equipment and Supplies    $18,000   $18,000
 Travel and Living Expenses During Training   $500    $1,000
 Credit Card Machine    $0   $1,200
 Deposits and Licenses    $100    $1,000
 Insurance    $2,000    $6,000
 Miscellaneous Opening Costs    $1,500    $2,500
 Additional Funds    $100    $2,500
 TOTAL    $61,200    $71,200


Ongoing fees:

 Name of Fee  Amount 
 Photo Lab Processing Charges   $ 1.00 for each unit of every portrait package
 Photo Lab Processing Charges   $1.25 per image for retouching services
 Weekly Franchise Fee   6% of gross receipts
 Shipping Costs   $9.80 for each order
 Additional Owner Training   $1,500 per person
 Assignment Fee and Training Fees   15% of the then current Initial Franchise Fee plus new owner training fee of $l,500 and a field training fee of $1,500
 Renewal Fee   15% of the then current Initial Franchise Fee


Date of FDD:
2009


The above information has been taken from the UFOC/FDD of Lil’ Pals Pet Photography
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