K9 ResortsFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A K9 Resorts franchise requires a total initial investment of $1.5M – $3.6M, including a $50K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.6M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $1.5M – $3.6M
- 85th pct Pet Services
- Avg gross sales
- $1.6M
- 50th pct Pet Services
- Royalty
- 7.0%
- 38th pct Pet Services
- Units
- 40
- 59th pct Pet Services
- SBA default
- N/A
Quick verdict · Pet Services · color = vs category peers
Green = >15% above Pet Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
At 0.6x revenue per dollar invested, this system underperforms the typical 1.5-2.5x range.
The system grew 42% year-over-year. Fast growth means demand, but can strain support.
Bottom line
- Total investment $1.5M – $3.6M including a $50K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $1.6M/year (median $1.4M), with an estimated 9% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 39/100.
- System growing at 100.0% CAGR over 3 years with 40 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- K-9 Franchising, LLC
- Parent company
- K-9 Holdings, LLC
- Predecessor
- and Affiliate
- Prior franchisor entity
- Incorporated in
- NJ
- HQ
- 400 Connell Park Dr., Floor 5, Berkeley Heights, NJ 07922
- Auditor
- EisnerAmper LLP
- Audited financials
- Franchisor revenue
- $4.0M
- vs $5.4M prior year
Affiliated brands
- Our affiliate
Other brands the franchisor or its parent operates (Item 1).
Overview
About
K9 Resorts franchisees operate premium pet boarding and daycare facilities, managing daily dog care operations including overnight accommodations, grooming, training, and socialization services. Franchisees oversee staffing, facility maintenance, customer service, and handle pricing within franchisor guidelines while paying 7% of gross revenues in royalties.
- CEO
- Jason D. Parker
- Headquarters
- NJ
- Founded
- 2016
- FDD year
- 2025
- States available
- 16
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $75K | $129K |
| Equipment, build-out, other | $1.4M | $3.4M |
| Total initial investment | $1.5M | $3.6M |
Source: K9 Resorts 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$236K
15.0% margin
Unlevered ROIC
9%
EBITDA / total invested capital
Payback
11.2 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $1.5M – $3.6M
- Below avg, review vs category
- Liquid capital req'd
- $75K – $129K
- Below avg, review vs category
- Franchise fee
- $50K – $50K
- Near category avg vs category
- Royalty
- 7.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
- Payback period
- 11.5 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $206 |
| Transfer fee | $25K |
| Renewal fee | $8K |
| Inventory (initial) | $27K – $35K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $1.6M
- Per unit, per year
- Median gross sales
- $1.4M
- Avg p&l bottom line
- $222K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 8.7%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Franchised and Affiliate-owned locations
- Sample size
- 17 units
- vs category median 12
- Range (low → high)
- $668K→$2.9M
- Cohort dispersion (min → max)
- Transparency tier
- limited
- Categorical assessment of disclosure depth
- Transparency
- 10 / 5
- vs category median 4 / 5 · above
Compared against 75 Pet Services brands
Revenue is only 0.6x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Pet Services averages
How K9 Resorts Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 40
- Opened
- 10
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 6
- Corporate units in the system
- % franchised
- 85%
- vs corporate-owned
- Net growth (yr3)
- +41.7%
- Net unit change last year
- 3-yr CAGR
- +100.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 10
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 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.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
K9 Resorts presents caution-level risk due to rapid expansion without financial transparency, litigation history, and aggressive capital requirements relative to reported profitability.
Litigation (Item 3)
0 case reference(s): 0 pending, 1 settled.
Largest disclosed settlement: $125,250
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · EisnerAmper LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 39 / 100 rating
- 01MINORAggressive unit growth (41.7% YoY) suggests rapid expansion that may outpace quality control and franchisee support infrastructure
- 02HIGHLitigation history with breach of contract and conversion allegations indicates potential franchisor-franchisee relationship issues despite settlement
- 03MINORNo Item 19 (Financial Performance Representations) available, making it impossible to validate the $221,590 average net income claim independently
- 04MINORHigh initial investment range ($1.48M–$3.6M) combined with 7% royalty creates significant breakeven threshold requiring strong per-location performance
- 05MEDMargin compression risk: Average net income of $221,590 on $1.57M revenue (14.1% net margin) leaves limited buffer for underperforming locations
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius/Population |
| Protected territory | Yes |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 90 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | New Jersey |
| Litigation count | 1 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 1 settled.
Items 10, 11
Training & Operations
- Classroom training
- 25 hrs
- On-the-job training
- 50 hrs
- Training location
- On-site and corporate
- POS system
- Gingr
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Gingr
Item 20 · call current owners
Franchisee Contacts
16 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
K9 Resorts · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a K9 Resorts franchise?
The total investment to open a K9 Resorts franchise ranges from $1.5M – $3.6M, 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 K9 Resorts franchise owners earn?
According to Item 19 of the K9 Resorts FDD, the average gross sales per unit is $1.6M. The median is $1.4M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is K9 Resorts's franchise failure rate?
SBA 7(a) loan charge-off data is not available for K9 Resorts (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many K9 Resorts franchise locations are there?
As of their most recent FDD filing, K9 Resorts has 40 total units in the United States, including 17 franchised units and 6 company-owned units. 10 new units were opened in the latest reporting year.
Is K9 Resorts a good franchise to buy?
FranchiseVerdict rates K9 Resorts as a A-grade franchise with a risk score of 39 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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.