WAG N WASH
WAG N WASH offers self-service pet bathing, professional grooming, and pet supplies in small-format stores, known for convenient pet care services. Operating in the retail pet care industry.
WAG N WASH franchise FAQ
How much does it cost to open one — the total initial investment?
The total estimated initial investment required to open the first Store under a single franchise agreement is $520,250 to $1,357,300. This amount includes the initial franchise fee of $184,900 to $234,900 that must be paid to the franchisor or its affiliate(s). [p.1] [p.26]
What is the initial franchise fee?
The initial franchise fee is $49,900 when you sign the agreement as a new franchisee [p.107]. For existing franchisees opening their second or any subsequent stores, the fee is reduced to $35,000 [p.15]. This isn't specified in the excerpts for other scenarios.
What are the ongoing royalty and advertising fees?
The ongoing royalty fee is 2% of Gross Sales for the first 12 months, 3% for months 13-24, and 4% for all subsequent months [p.22]. WNW has sole authority to determine how to spend contributions to the Fund for advertising, though they are required to make a good faith effort to expend funds in the best interests of the System on a national or regional basis [p.40].
How long is the initial franchise agreement, and can I renew it?
This isn't specified in the excerpts.
Can I sell or transfer my franchise, and what does that require?
According to the FDD, you can transfer ownership of your franchise, but the franchisor must be permitted to refuse such transfers for good cause [p.7(g)]. Additionally, any transfer must comply with applicable state and federal laws governing the offer and sale of franchises [p.131(n)].
On what grounds can the franchisor terminate the agreement?
The franchisor can terminate the franchise agreement if there is a failure by the franchisee to comply with any lawful provision of the Franchise Agreement and such failure is not cured within a reasonable time, which cannot exceed 30 days [p.6(c)]. Additionally, this may be subject to limitations or supersession by RCW 19.100.180(1), requiring good faith dealings between the parties [p.212].
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
No, you do not receive an exclusive territory. You will have a non-exclusive area within which the franchisor will not open another Store under the Marks and System, but this is not an exclusive territory in terms of marketing rights or clientele [p.43]. Additionally, WNW retains the right to operate other outlets or channels of distribution that may compete with your Store [p.103].
What training and ongoing support does the franchisor provide?
The franchisor provides training programs and subsequent ongoing training to employees of the franchisee. Additionally, the franchisor discloses Confidential Information and furnishes the Company's Operations Manual for system franchisees during the term of the agreement [p.214, p.203, p.157, p.180].
How many franchised outlets are there, and how many have closed or been terminated?
According to the FDD excerpt on page [p.64], there were 23 franchised-owned outlets at the start of the Measurement Period. During this period, one franchise transferred, eight were reacquired by the predecessor franchisor, and one ceased operations. Therefore, 9 out of the initial 23 franchises either closed or were terminated during the Measurement Period.
Does the franchisor share any financial performance or earnings information?
The franchisor does not make any financial performance representations other than the one provided in Item 19. They also do not authorize their employees or representatives to make such representations [p.66]. However, if you are purchasing an existing outlet, they may provide actual records of that outlet's performance [p.63].
What am I restricted to selling, and where must I buy supplies?
You are required to offer and sell only the approved products and services as specified by the franchisor. According to [p.53], you must adhere to their standards and specifications and can be required to participate in certain distribution channels. Additionally, [p.29] states that you must purchase certain approved products and services from suppliers designated by the franchisor or them directly.