Camp Bow Wow Franchise Cost, Revenue & Review 2026
- Investment
- $955K – $1.2M
- Disclosed sales
- $1.1M
- gross sales, not profit
- SBA charge-off
- 3.7%
- on 195 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Camp Bow Wow is a pet-services franchise providing dog daycare, overnight boarding, and grooming with supervised play. Franchisees run a facility managing staff, animal care, client billing, and local marketing.
FranchiseVerdict summary · 2026
A Camp Bow Wow franchise requires a total initial investment of $955K – $1.2M, including a $50K franchise fee and an ongoing 7.0% royalty[2]. Per the 2026 FDD, average unit revenue was $1.1M[2]. SBA 7(a) loans show a 3.7% charge-off rate across 195 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored8 of 8 headline figures on this page cite a page of the filing.
Overview
- Investment
- $955K – $1.2M
- 91st pct Pet Services
- Avg gross sales
- $1.1M
- 29th pct Pet Services
- Royalty
- 7.0%
- 49th pct Pet Services
- Units
- 226
- 88th pct Pet Services
- SBA charge-off
- 3.7%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Pet Services · color = vs category peers
Green = favorable by >10% vs Pet Services median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $955K – $1.2M including a $50K franchise fee, 7.0% ongoing royalty.
- RETURNSAverage unit revenue of $1.1M/year (median $1.1M).
- RISKVerdict A (Strongest tier), verdict score 73/100 (higher is better). SBA loan charge-off rate of 3.7% across 195 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHPositive: net +2 franchised outlets in the latest year (13 opened, 0 closed); 25 signed but not yet open (Item 20).
- FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Camp Bow Wow Franchising, Inc.
- Parent company
- Propelled Brands Franchising, LLC
- FDD Item 1, page 10 of the 2026 FDD
- Ultimate parent
- Propelled Brands Holdings, Inc.
- FDD Item 1, page 10 of the 2026 FDD
- Predecessor
- D.O.G. Development LLC
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Catherine Monson
- Incorporated in
- Delaware
- HQ
- 7577 West 103rd Avenue, Unit 209, Westminster, Colorado 80021
- Auditor
- BDO USA, P.C.
- Audited financials
- Franchisor revenue
- $105.2M
- vs $98.2M prior year
Same owner · FDD Item 1, page 10
3 other brands on this site name Propelled Brands Holdings, Inc. as parent or ultimate parent in their own FDD.
Grouped by the owner's name as each filing prints it (this page: the 2026 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.
Overview
About
- CEO
- Catherine Monson
- Headquarters
- Colorado
- Founded
- 2003
- FDD year
- 2026
- States available
- 40
Can you afford it, and what does the money buy?
Entry cost runs 234% above the typical pet services franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $80K | $80K |
| Equipment, build-out, other | $825K | $1.1M |
| Total initial investment | $955K | $1.2M |
Source: Camp Bow Wow 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $955K – $1.2M
- Bottom third — review vs category
- Liquid capital req'd
- $80K – $80K
- Bottom third — review vs category
- Franchise fee
- $50K – $50K
- Middle of category vs category
- Royalty
- 7.0%
- Tiered by sales volume · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 1.0% of net sales |
| Technology fee | $250 |
| Transfer fee | $15K |
| Renewal fee | $25K |
| Inventory (initial) | $71K – $114K |
| Total fee load | 8.0% of rev |
What do units actually make?
Average unit sales run 81% above the pet services norm.
Source: FDD 2026 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for Camp Bow Wow until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$1.2M
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one Camp Bow Wow unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
- Avg gross sales
- $1.1M
- Per unit, per year
- Median gross sales
- $1.1M
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- historical earnings (Gross Sales, COGS, Labor, Rent & Facilities, Other Operating Expenses, EBITDA, Owner's Compensation, Total Franchise Owner's Benefit)
- Sample size
- 207 outlets
- vs category median 12 · large
- Range (low → high)
- $371K→$2.5MCited, not corroborated — printed on page 74 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2024
- Transparency
- 8 / 10
- vs category median 4 / 10 · above
Compared against 69 Pet Services brands
Revenue is only 1.0x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $1.1M/year in gross sales. Revenue-to-investment ratio: 1.0x.
Fee burden
Total ongoing fee load of 8.0% (near the Pet Services median).
Disclosure
Transparency score 8/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Pet Services medians
How Camp Bow Wow Compares
Category median of published Pet Services brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 226
- Opened
- 13
- Last reporting year
- Closed
- 0
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.4%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
Last fiscal year · Item 20 exits and transfers
- Terminated
- 3
- Not renewed
- 0
- Transferred
- 7
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 25
- 0.11 per open outlet · Item 20 Table 5
- Projected new
- 17
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 9 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).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
0 current owners across 0 states; 13 former (terminated, transferred or not renewed) listed separately.
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 195
- Loan volume
- $155.5M
- Median loan
- $534K
- 50th percentile
- Charge-off rate
- 3.7%
- on 195 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 96.3%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 64
- Defaults
- 4
- Typical loan rate
- 6.3%
- avg rate to borrowers
- Franchised industry avg
- 10.4%
- brand beats franchise avg ↓
- Jobs supported
- 3,357
- 2.2 per loan
- Lender concentration
- 14%
- top lender's share
Borrower mix: 66% went to startups / new businesses, 34% to established operators
Franchise vs independent — in pet care (except veterinary) services, franchised businesses charge off at 10.4% vs 11.3% for independents — franchising is associated with 8% lower SBA default risk in this category.
Vintage analysis
Camp Bow Wow charge-off rate by loan vintage
Top lenders financing Camp Bow Wow franchisees
Showing 3 of 64 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Camp Bow Wow from SBA 7(a) FOIA data.
- Principal loss rate
- 1.2%
- Avg SBA guarantee
- 73%
- Avg interest rate
- 6.33%
- Avg chargeoff amount
- $482K
- Lender concentration
- 14.4%
- Job velocity
- 2.2 per $100K
- Startup risk premium
- 0.0pp
- NAICS benchmark
- 4.6%
- NAICS 812910
- Jobs supported
- 3,357
Top SBA lendersTop lender holds 14% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 28 | $24.9M | 0.0% |
| 2 | The Huntington National Bank | 18 | $8.9M | 0.0% |
| 3 | KeyBank National Association | 14 | $15.5M | 0.0% |
| 4 | TD Bank, National Association | 9 | $3.4M | 11.1% |
| 5 | PNC Bank, National Association | 8 | $6.4M | 0.0% |
| 6 | Ameris Bank | 7 | $3.9M | 0.0% |
| 7 | LendingClub Bank, National Association | 7 | $7.9M | 0.0% |
| 8 | Comerica Bank | 6 | $3.7M | 40.0% |
| 9 | Sunflower Bank National Association | 6 | $3.3M | 0.0% |
| 10 | Banc of California | 6 | $12.5M | 0.0% |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| TXTexas | 30 | 0 | 0.0% |
| MIMichigan | 14 | 0 | 0.0% |
| OHOhio | 13 | 0 | 0.0% |
| FLFlorida | 11 | 1 | 14.3% |
| NCNorth Carolina | 11 | 0 | 0.0% |
| CACalifornia | 10 | 1 | 16.7% |
| NJNew Jersey | 9 | 0 | 0.0% |
| COColorado | 8 | 0 | 0.0% |
| GAGeorgia | 7 | 0 | 0.0% |
| NYNew York | 7 | 1 | 20.0% |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
What could kill this investment?
SBA loans charge off at 3.7% — 77% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Camp Bow Wow presents moderate-to-cautionary risk with slowing unit growth, litigation history, and high capital requirements relative to typical franchisee profitability, warranting deep validation with existing operators.
Litigation (Item 3)
Subject: the franchisor is a named party (plaintiff).
D.O.G. Development, LLC v. See More Paws, Inc. and Diane LaFemina (AAA arbitration, settled 2018, $12,000 paid to franchisor); Lincolnshire Police Pension Fund v. Taylor (Delaware Chancery shareholder derivative suit against parent's affiliate Floor & Decor director, settled 2024 for $8,000,000, franchisor not a party).
Bankruptcy (Item 4)
Subject: the company or an affiliate. Disclosed (Item 4 covers the last 10 years)
TGI Friday's Inc. (former employer of General Counsel Jennifer Rote) filed Chapter 11 bankruptcy November 2, 2024; case pending. Not a franchisor or affiliate bankruptcy.
Audited financials (Item 21)
Yes · BDO USA, P.C.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Franchisor total revenue for fiscal year ending December 31, 2025 (Item 8), including $677,608 (3.8%) from technology fee/software sales. Item 8 states the franchisor's own total revenue as $17,648,105 (FY ending 2025-12-31); the statements above are the parent's.
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 73 / 100 verdict
- 01HIGHLitigation history: Franchisor has pursued enforcement actions against franchisees post-termination and shareholder derivative suit indicates governance issues at parent company level
- 02MINORModest unit growth (6.5% YoY) on 216-unit system suggests maturation or market saturation; growth rate declining relative to pet care industry expansion
- 03MINORNet income of $175,047 on $1,039,331 revenue equals 16.8% net margin—healthy but leaves minimal buffer given high investment ($1M+) and variable royalty structure (7% or minimum monthly royalty, whichever is greater)
- 04MINORHigh initial investment relative to annual net income (5.9x payback period) with 10-year term creates extended break-even risk
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | No territory protection |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Territory sizeℹ | Site Selection Area / Authorized Territory defined by demographics; no minimum guaranteed size |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 23 |
| Curable defaultsℹ | 5 |
| Mandatory arbitration | Yes |
| Arbitration location | Dallas, Texas |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 2 |
View Item 3 litigation summary
D.O.G. Development, LLC v. See More Paws, Inc. and Diane LaFemina (AAA arbitration, settled 2018, $12,000 paid to franchisor); Lincolnshire Police Pension Fund v. Taylor (Delaware Chancery shareholder derivative suit against parent's affiliate Floor & Decor director, settled 2024 for $8,000,000, franchisor not a party).
Items 10, 11
Training & Operations
- Classroom training
- 48 hrs
- On-the-job training
- 32 hrs
- Training location
- Westminster, Colorado (headquarters and corporate camp), plus online/webinar components
- Ongoing training
- Required
- Time to open
- 18 mo
- From signing to launch
- Site selection
- Franchisee, with franchisor approval and required use of designated Real Estate Broker
- Franchisor financing
- Offered
- Item 10
- POS system
- Gingr Pet-Care software (transitioning from Data Dawg)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Gingr Pet-Care software (transitioning from Data Dawg)
Item 20 · call current owners
Franchisee Contacts
13 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Camp Bow Wow franchise?
The total investment to open a Camp Bow Wow franchise ranges from $955K – $1.2M, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Camp Bow Wow franchise owners earn?
According to Item 19 of the Camp Bow Wow FDD, the average gross sales per unit is $1.1M. The median is $1.1M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns Camp Bow Wow?
Camp Bow Wow is franchised by Camp Bow Wow Franchising, Inc.. Its parent company is Propelled Brands Franchising, LLC. The ultimate parent named in the FDD is Propelled Brands Holdings, Inc.. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Camp Bow Wow FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Camp Bow Wow FDD and qualifies whose outlets they describe.
What is Camp Bow Wow's franchise failure rate?
Based on SBA 7(a) loan data, Camp Bow Wow has a charge-off rate of 3.7% across 195 loans, meaning 3.7% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Camp Bow Wow franchise locations are there?
As of their most recent FDD filing, Camp Bow Wow has 226 total units in the United States, including 225 franchised units and 1 company-owned units. 13 new units were opened in the latest reporting year.
Is Camp Bow Wow a good franchise to buy?
FranchiseVerdict rates Camp Bow Wow as a A-grade franchise with a verdict score of 73 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.