When did Boomerang Franchise LLC begin offering Hyper Kidz franchises?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
The Franchisor is Boomerang Franchise LLC. For ease of reference Boomerang Franchise LLC will be referred to as "we" or "us" in this Disclosure Document. We will refer to the person or entity who signs the Franchise Agreement as "you" throughout this Disclosure Document. If you are a corporation or other legal entity, certain provisions of the Franchise Agreement apply to your "Principals" (defined below) and will be noted.
We are a Maryland limited liability company formed on May 14, 2018. We do business under our corporate name and under the name "Hyper Kidz". Our principal business address is 6120 Syracuse Court, Clarksville, Maryland, 21029. We are engaged in the business of granting and supporting franchises to franchisees under the "Hyper Kidz" trade name and trademark. We have no other business activities. We have never offered franchises in this or any other line of business. We began offering franchises in October 2018.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 7–8)
What This Means (2024 FDD)
According to the 2024 Hyper Kidz Franchise Disclosure Document, Boomerang Franchise LLC began offering franchises in October 2018. The company, formed in May 2018, operates under the name Hyper Kidz and focuses solely on granting and supporting these franchises. This indicates that Hyper Kidz is a relatively new franchise system.
For a prospective franchisee, this means the franchise system has a limited track record. While the FDD provides information about the franchise opportunity, the limited history may mean less data is available regarding long-term performance and brand recognition compared to more established franchises.
It would be prudent for potential franchisees to conduct thorough due diligence, including speaking with existing franchisees (if any) to assess their experiences and satisfaction with the Hyper Kidz system. Additionally, understanding the support and training provided by Hyper Kidz will be crucial in evaluating the potential success of the franchise.