FranchiseVerdict
All American Pet Resorts logo
FV-00092·MODERATEExcellent95

All American Pet Resorts

Personal Services - Pet CareFranchising since 2005Website
Investment
$798K – $1.6M
92nd pct Pet Care
Avg revenue
$1.7M
52nd pct Pet Care
Royalty
7.0%
43rd pct Pet Care
Units
10
47th pct Pet Care
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $798K – $1.6M including a $60K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $1.7M/year (median $1.4M). Estimated payback in 5.9 years.
  • Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 10 loans (below the industry average).
  • No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.

Item 1 · who you're contracting with

The Franchisor

Legal entity
All American Pet Resorts, LLC
Incorporated in
Michigan
HQ
41850 West Eleven Mile Road, Suite 202, Novi, MI, 48375
Auditor
Cole, Newton & Duran
Audited financials
Franchisor revenue
$1.0M
vs $1.1M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one All American Pet Resorts unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,659,361
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: automotive
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $798K–$1.6M
Working capital
$
FDD reports $25K–$50K

Unlevered ROIC · per unit

21%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$265K
EBITDA margin
16.0%
Total invested
$1.3M
Payback
57 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 All American Pet Resorts units return on equity?

Edit assumptions

Equity IRR · 5-yr

34.3%

4.37× MOIC

Year-1 DSCR

2.37×

EBITDA ÷ debt service

Equity required

$5.5M

on $14.9M purchase

Total debt

$9.5M

SBA $5.0M + senior + seller note

SBA 7(a) request ($7.5M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

All American Pet Resorts operates premium pet boarding, daycare, and grooming facilities. Franchisees manage daily operations including pet intake/care, staff supervision, facility maintenance, and customer service across boarding kennels, play areas, and grooming stations. Revenue models combine boarding fees, daycare services, grooming, and ancillary pet products/services.

CEO
Stephan Dimitroff
Founded
2005
FDD year
2025
States available
5

Item 7 · what it costs

The Vitals

Total investment
$798K – $1.6M
All-in to open one unit
Liquid capital
$25K – $50K
Cash you must have on hand
Franchise fee
$60K
Royalty
7.0%
Percentage of Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical
Payback period
5.9 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.7M
Per unit, per year
Median gross sales
$1.4M
Item 19 type
Average and actual revenue and EBITDA
Sample size
10 units
vs category median 12
Range (low → high)
$581K$3.0M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank52th
vs Personal Services - Pet Care peers
Investment cost rank92th
Lower investment ranks lower (better)
Royalty rate rank43th
Lower royalty = lower percentile (better)
Unit count rank47th
vs Personal Services - Pet Care peers
Risk score rank38th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
10
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+11.1%
Compounded over last 3 years
2023
10±0
Franchised units
2024
10
Franchised units
2025
9
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 5 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 5 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
10
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

Small, financially fragile system with unresolved governance issues, no territorial protection, and marginal unit economics that may not justify capital deployment.

Score breakdown · what drove the 57 / 100 rating

  1. 01HIGHGoing concern status is FALSE — suggests potential financial instability at franchisor level
  2. 02MINOROnly 10 units system-wide with unknown growth trajectory indicates minimal scale and possible contraction risk
  3. 03HIGHRecent litigation (Kresge dispute) involving fiduciary duty breach claims raises governance and transparency concerns
  4. 04MINORNo protected territory creates direct competition risk between franchisees and limits competitive moat
  5. 05MINORHigh initial investment ($798k-$1.65M) against modest average net income ($207k) yields weak ROI (12-26% annually before debt service)
  6. 06MINOR7% royalty on $1.66M average revenue extracts ~$116k annually, further pressuring already thin margins

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radial parameter / geographical boundaries
Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Michigan

Item 11

Training & Operations

Classroom training
58 hrs
On-the-job training
317 hrs
POS system
Gingr
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

48 numbers

Locked
(512) 475-••••
TX
(469) 335-••••
TX
(318) 232-••••
NC

One-time purchase · CSV download · Validation questions included

FDD download

All American Pet Resorts · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above