FranchiseVerdict
Camp Bow Wow logo
FV-00445·STRONGExcellent100

Camp Bow Wow

Formerly known as City Brew Coffee

Personal Services - Pet CareFranchising since 2014Website
Investment
$1.0M – $1.8M
97th pct Pet Care
Avg revenue
$1.0M
47th pct Pet Care
Royalty
Units
216
92nd pct Pet Care
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $1.0M – $1.8M including a $50K franchise fee.
  • Average unit revenue of $1.0M/year (median $984K). Estimated payback in 8.0 years.
  • Rated STRONG with a risk score of 46/100. SBA loan default rate of 0.0% across 317 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Camp Bow Wow Franchising, Inc.
Parent company
Propelled Brands Franchising, LLC
Incorporated in
Delaware
HQ
7577 West 103rd Avenue, Unit 209, Westminster, Colorado 80021
Auditor
REDPATH AND COMPANY, LLC
Audited financials
Franchisor revenue
$17.5M
vs $19.1M 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 Camp Bow Wow unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,039,331
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: $1.0M–$1.8M
Working capital
$
FDD reports $150K–$150K

Unlevered ROIC · per unit

12%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$187K
EBITDA margin
18.0%
Total invested
$1.6M
Payback
100 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 Camp Bow Wow units return on equity?

Edit assumptions

Equity IRR · 5-yr

42.5%

5.89× MOIC

Year-1 DSCR

2.04×

EBITDA ÷ debt service

Equity required

$3.0M

on $11.4M purchase

Total debt

$8.4M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.7M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Camp Bow Wow franchisees operate dog daycare and boarding facilities offering supervised group play, training services, and overnight lodging for dogs. Day-to-day operations include staffing dog care handlers, managing customer intake/billing, maintaining facility sanitation and safety protocols, and coordinating boarding schedules. Most franchisees balance direct dog care management with business operations, marketing, and customer relationship management.

CEO
Catherine Monson
Founded
2014
FDD year
2024
States available
40

Item 7 · what it costs

The Vitals

Total investment
$1.0M – $1.8M
All-in to open one unit
Liquid capital
$150K – $150K
Cash you must have on hand
Franchise fee
$50K
Royalty
The greater of 7% of Net Revenue or the Minimum Monthly R…
Ad fund
1.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
8.0 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.0M
Per unit, per year
Median gross sales
$984K
Item 19 type
Actual
Sample size
202 units
vs category median 12 · large
Range (low → high)
$372K$2.5M
Cohort dispersion
Transparency
8 / 5
vs category median 4 / 5 · above
Revenue rank47th
vs Personal Services - Pet Care peers
Investment cost rank97th
Lower investment ranks lower (better)
Royalty rate rank83th
Lower royalty = lower percentile (better)
Unit count rank92th
vs Personal Services - Pet Care peers
Risk score rank12th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
216
Opened
14
Last reporting year
Closed
1
Turnover rate
0.5%
Company-owned
3
Corporate units in the system
% franchised
99%
vs corporate-owned
Net growth (yr3)
+6.5%
Net unit change last year
3-yr CAGR
+10.9%
Compounded over last 3 years
2022
213+13
Franchised units
2023
200
Franchised units
2024
192
Franchised units

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

Item 20 · 22 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 · 22 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
317
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

46
Risk · 0-100
STRONG46 / 100

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.

Score breakdown · what drove the 46 / 100 rating

  1. 01HIGHLitigation history: Franchisor has pursued enforcement actions against franchisees post-termination and shareholder derivative suit indicates governance issues at parent company level
  2. 02MINORModest unit growth (6.5% YoY) on 216-unit system suggests maturation or market saturation; growth rate declining relative to pet care industry expansion
  3. 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)
  4. 04MINORHigh initial investment relative to annual net income (5.9x payback period) with 10-year term creates extended break-even risk
  5. 05MINORAbsence of Item 19 financial performance claim in FDD limits ability to validate franchisor's average revenue/income figures independently

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Zip Codes
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
3
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Colorado

Item 11

Training & Operations

Classroom training
59 hrs
On-the-job training
69 hrs
POS system
Data Dawg
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

96 numbers

Locked
(970) 266-••••
CO
(479) 268-••••
AR
(520) 742-••••
AZ

One-time purchase · CSV download · Validation questions included

FDD download

Camp Bow Wow · FDD (2024) PDF

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