FDD Year-over-Year Comparison
Dogtopia FDD: What Changed from 2025 to 2026
The 2026 Dogtopia FDD moves the Item 7 estimated initial investment range from $543,095–$1,399,180 to $664,355–$1,478,820, and the system grows from 263 to 266 outlets year-over-year. Both filings include an Item 19 financial performance representation.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $543,095 | $664,355 | +$121,260 (+22.3%) |
| High end of range | $1,399,180 | $1,478,820 | +$79,640 (+5.7%) |
| Full range | $543,095–$1,399,180 | $664,355–$1,478,820 |
The 2026 filing puts the Item 7 estimated initial investment at $664,355–$1,478,820, versus $543,095–$1,399,180 in the 2025 filing. The low end moves by +$121,260 (+22.3%) and the high end moves by +$79,640 (+5.7%).
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 263 | 266 | +3 (+1.1%) |
Dogtopia reports 266 outlets in the 2026 FDD, versus 263 in the 2025 filing (+3 (+1.1%)).
Item 19 — Financial Performance Representations
Dogtopia included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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