What is my investment?
We have two unique clients at Dogtopia: the pet and the pet-parent. We are equally committed to serving both as the thought leader and trusted authority in the dog daycare sector.
The financial requirement to open a Dogtopia in Canada:
• Investment Range: $515,150 – $849,025 (includes $49,500 franchise fee)
• Minimum Net Worth: $750,000 per location
• Minimum Liquidity: $300,000 per location
• Royalty Fee: 7% of monthly gross sales
• National Marketing Fee: 2% of monthly gross sales
|wdt_ID||Low End of Investment Range||High End of Investment Range||Method of Payment||When Due||To Whom Payment is to be Made|
|1||Initial Franchise Fee||$49,500||$49,500||Lump Sum||Upon execution of the Franchise Agreement||Us|
|2||Initial Training||$0||$2,000||Lump Sum, if applicable||When training begins||Us|
|3||Travel & Living Expenses During Training||$500||$7,500||As incurred||As incurred||Airlines, Hotels & Restaurants|
|6||Professional Fees||$750||$6,500||As incurred||As agreed||Vendors or Third Parties|
|7||Business Licenses & Permits||$500||$6,200||As incurred||As incurred||Government agencies|
|8||Lease, Utility & Security Deposits||$14,500||$59,300||As agreed||When you sign your lease or start an account with a utility company||Landlord, utility company|
|9||Furniture, Fixtures & Equipment||$2,500||$25,000||As incurred||As agreed||Vendors|
|10||Computer Set-Up & Annual Database Access||$14,500||$24,000||As incurred||As incurred||Vendors|
The above noted costs are excerpts from Dogtopia Canada Franchise Disclosure Document (FDD) and are estimates. The difference between low and high investment levels exists due to varying store sizes, build out costs and expenses.