Bottom line
- Total investment $521K – $1.4M including a $50K franchise fee, 2.0% ongoing royalty.
- Average unit revenue of $1.3M/year (median $1.4M).
- Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 9 loans (below the industry average).
- System growing at 64.3% CAGR over 3 years with 29 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
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 Wag N Wash unit return on the cash you put in?
Unlevered ROIC · per unit
24%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Wag N Wash units return on equity?
Equity IRR · 5-yr
31.9%
4.00× MOIC
Year-1 DSCR
2.52×
EBITDA ÷ debt service
Equity required
$6.8M
on $16.9M purchase
Total debt
$10.1M
SBA $5.0M + senior + seller note
Overview
About
Wag N Wash franchisees operate pet grooming and washing facilities, offering services such as self-serve dog wash bays, full-service grooming, and retail pet products. Day-to-day operations include managing staff scheduling, maintaining equipment, handling customer transactions, managing inventory, and ensuring compliance with health and safety standards for animal care.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Wag N Wash presents moderate-to-high risk due to undisclosed profitability metrics, active non-compete litigation threatening territory protection, and a wide investment range without corresponding income transparency.
Score breakdown · what drove the 52 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — cannot validate ROI claims or profitability benchmarks
- 02HIGHActive litigation over non-compete enforcement suggests franchisor may struggle to protect territory exclusivity
- 03MINOREscalating royalty structure (2%→3%→4%) compounds pressure on unit economics as margins mature
- 04MEDHigh initial investment range ($520K–$1.36M) with no disclosed average net income creates payback uncertainty
- 05MINOR27.8% YoY unit growth is positive but modest for a pet services franchise; insufficient data on unit-level churn
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
44 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Wag N Wash · FDD (2026) PDF