Sample audit — Dogtopia: Multi-Year Redline & Risk Audit (2023 vs 2026)
FREE SAMPLE — generated November 2, 2026 from filings actually held. As filed — verify.
Multi-Year Redline & Risk Audit
What's inside
- Fees — Items 5 and 6. Initial fee, royalty and brand fund in both filings, side by side, with the as-filed wording.
- Estimated initial investment — Item 7 total. Low and high ends for both years; every change calculated and labeled, formula shown.
- Outlets — Item 20, Table No. 1. The three-year tables from both filings and the calculated change in growth pace.
- Item 19. What the franchisor discloses, and — just as important — what could not be extracted, stated plainly.
- What this report does not include. Every gap named: the unretrievable 2024 filing, the Item 3 diff, and the advice this report is not.
This sample is a complete audit in the exact format of the paid $79 product — not an excerpt, not a mock-up. Read it the way you would read one you had paid for.
Sources
| Filing | Issuance date | Pages |
|---|---|---|
| Dogtopia Franchise Disclosure Document (2023) | March 30, 2023 | 311 |
| Dogtopia Franchise Disclosure Document (2026) | April 8, 2026 | 272 |
1. Fees — Items 5 and 6
| Figure | 2023 FDD | 2026 FDD | Change |
|---|---|---|---|
| Initial franchise fee (Item 5) | $49,500 | $49,500 | Unchanged |
| Royalty (Item 6) | 7% of weekly Gross Sales | 7% of Gross Sales | Rate unchanged |
| Brand fund (Item 6) | 2% of weekly Gross Sales (may increase to 3%) | 2% of Gross Sales (may increase to 3%) | Unchanged |
As filed: 2023 Item 5 — “You pay us a $49,500 initial franchise fee when you sign the Franchise Agreement.” 2026 Item 5 states the same headline fee; both filings show discounted tiers for veterans/existing owners ($44,550 / $40,095 in the lines parsed), which are shown in the full data tables of the paid package.
2. Estimated initial investment — Item 7 total
| 2023 FDD | 2026 FDD | Change (calculated) | |
|---|---|---|---|
| Low end | $780,104 | $664,355 | $-115,749 (-14.8%) |
| High end | $1,469,845 | $1,478,820 | $8,975 (0.6%) |
Calculated figures: change = 2026 figure − 2023 figure; percent = change ÷ 2023 figure × 100. Item 7 is the franchisor's estimated range, not a guarantee of what any location will cost.
3. Outlets — Item 20, Table No. 1
| As reported in the 2023 FDD | Outlets | As reported in the 2026 FDD | Outlets |
|---|---|---|---|
| 2020 | 136 | 2023 | 244 |
| 2021 | 166 | 2024 | 261 |
| 2022 | 205 | 2025 | 266 |
Calculated: +69 outlets across 2020–2022 (+50.7% on the 2020 base) versus +22 across 2023–2025 (+9.0% on the 2023 base) — the system kept growing, at a slower pace. Formula: change ÷ first-year count × 100.
4. Item 19
Both filings include Item 19 financial performance representations. No single clearly-labeled systemwide average or median gross-sales figure was extracted automatically from either filing, so this audit reports none — consult Item 19 of the source FDDs for the full tables. We never fill this gap with an estimate.
What this report does not include
- The 2024 Dogtopia FDD: it is listed in the public archive index we source from, but the archived document itself could not be retrieved, so no 2024 figure appears anywhere in this audit and no 2024 change is inferred.
- Item 3 litigation diff: not extracted in this sample run — flagged here rather than silently omitted from the paid format; the paid audit spec includes it and a brand's audit is not sold until its extraction passes review.
- Item 20 closure/transfer detail beyond Table No. 1 totals, unit-level data, and any projection of future performance.
- Legal, accounting, or investment advice.
Machine-read from the franchisors' filed documents. Every figure is cited to its filing above; verify against the source FDDs before acting. Restatements, where a later filing revises an earlier figure, are shown with both numbers — none were detected in the figures extracted here.
The audit for the brand you're researching
Same format, same citations, same named gaps — for the franchise you're actually about to sign. Browse the brand library or join a waitlist on any brand page; audits go on sale brand by brand as each multi-year filing set is verified.