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Pet grooming franchise finance

Find out the common financing options for pet grooming franchises.

You love pets and enjoy meeting and creating relationships with fellow animal lovers. Perhaps a pet grooming franchise is the perfect business model for you.

For people who love working with animals but don’t want to commit to years of veterinary studies or life on a farm, a pet grooming franchise can be the perfect business opportunity.

Compare loans for a pet grooming franchise

Name Product Interest Rate (p.a.) Min. Loan Amount Max. Loan Amount Loan Term Monthly Service Fee Application Fee
Simplify Commercial Vehicle Loan
6.25% - 14.5%
1 to 5 years
$100 - $500, depending on loan amount, lender and term
Eligibility: Must be 18+, a New Zealand resident or permanent citizen and have an income of at least $500 per month.
Secured vehicle finance from $5,000 to $500,000.
Lending Crowd Business Loan
5.28% - 20.26%
2, 3 or 5 years
$200 - $1,450 depending on your borrowed loan amount
Eligibility: Be a NZ resident/citizen and have a good credit score.
Secured and unsecured loans up to $200,000. 100% online with no paperwork or early repayment fees.
Prospa Business Loan
13.9% - 29.9%
3 months to 3 years
2.5% of loan amount
Special offer: No repayments for 4 weeks on all Prospa small business loans. Ts&Cs apply.
Eligibility: Be 18+, be a New Zealand citizen or permanent resident, own a business with a valid NZBN.
Harmoney Business Loan
6.99% - 19.99%
3 or 5 years
Eligibility: Be a NZ resident/citizen and have a good credit score.
Apply for an unsecured business loan up to $70,000 with no early repayment fees.

Compare up to 4 providers

How does a pet grooming franchise work?

Pet grooming franchises come in two main types: the first is a fixed-location store outlet where pet owners bring their pets to you, and the second is the more visible mobile pet grooming solutions where a hydrobath is driven to the clients’ homes by appointment.

For some people, a mobile pet grooming franchise business can be the perfect choice due to its relatively low entry costs compared with other franchises. You can enjoy flexible working hours, and the lifestyle elements that come with working outdoors and travelling to different people’s homes.

For other people, a fixed-location pet grooming franchise might be the better business choice, particularly if they intend to manage the business rather than work in it.

In this article, we will concentrate on the more popular mobile pet grooming franchises, but keep in mind that fixed-location stores are also available under different franchise schemes.

How much does a pet grooming franchise cost?

Initial costs

The initial costs of mobile pet grooming franchises vary from company to company, but in general the initial costs are considerably lower than for many other franchise systems, solely because there is no fixed location for the business, drastically reducing business overheads.

Jim’s Dog Wash is one of the more popular and well-known pet grooming franchise companies in New Zealand with its highly visible branded red dog wash vehicle.

The cost to start a Jim’s Dog Wash franchise is $30,000 + GST, which includes a full month’s training about what you need to offer a totally professional service. You’ll also need to purchase the mobile wash trailer which costs $25,000 + GST and delivery.

The advantage of an existing franchise, like Jim’s Dog Wash, is that it already has a customer base and a financial history that can be useful when applying for finance.

Purchase prices for existing pet grooming franchises vary considerably, depending on location, client base and past performance.

Ongoing costs

Regardless of the industry or start-up costs, an essential part of the franchise business structure is the ongoing management fees and royalties franchisees pay to the franchisor. Some franchises take a percentage of the gross revenue of individual franchisees, some take a set weekly management fee, while others charge a flat ongoing monthly fee, regardless of individual performance.

Franchisees must also consider petrol costs and costs related to ongoing vehicle upkeep which could be considerable since mobile pet grooming businesses are consistently on the road and operate from their vehicle.


The pet industry in New Zealand continues to grow. Over 30% of New Zealand homes own at least one pet, with estimates claiming that there are 700,000 dog owners nationwide. People who choose to enter into the pet industry in New Zealand will be in a stable, growing market that necessitates time and effort to make their business a success. The potential to make a profit is there for the right franchisees.

Getting finance

Finance options

The following are common finance options to fund the purchase of a new pet grooming franchise:

  • Unsecured business loan. An unsecured business loan is a loan offered to lenders who can meet specific eligibility criteria, typically that they have been operating a business for a specific period and brought in a minimum amount of revenue during that time. These loans are an alternative to secured business loans where a residential property is offered up as security against the loan amount. Unsecured business loan amounts and terms will vary from lender to lender, but will generally be between three months and five years, with loan amounts up to $500,000 – more than enough to finance a pet grooming franchise.
  • Secured business loan. Under a secured business loan agreement, the loan terms will depend upon the applicant providing an appropriately-valued residential property as security for the loan. The lender will organise a professional valuation of the residential property at the applicant’s expense and will use this assessment as the basis for their loan offer.
  • Franchise loan. The amount of the franchise loan will hinge upon the value the lender places on the proposed franchise business itself. As such, the terms of a franchise loan can be more flexible than the traditional business loan, but franchise loans tend to only be offered for accredited, reputable franchise businesses.

Frequently asked questions

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