What is the daily fee for additional on-site training at a Hyper Kidz franchise?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
hen Billed |
| Fees (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Initial Training (For New or Replacement Employees) | $1,500 | 15 days after billing | Training for up to three people is included in the training fee. If you request that we provide our initial training program to any additional employees, or to new or replacement employees during the term of your Franchise Agreement, you must pay our training fee as well as the trainees' expenses, including travel, lodging, meals and wages. |
| Additional On-Site Training | $250 | When billed | If you request that we provide additional training at your Hyper Kidz Business or if we determine you need additional training, you must pay our daily fee for each trainer we send to your Hyper Kidz Business, and you must reimburse each trainer's expens |
Source: Item 6 — OTHER FEES (FDD pages 10–15)
What This Means (2024 FDD)
According to Hyper Kidz's 2024 Franchise Disclosure Document, franchisees may need to pay for additional on-site training. If a franchisee requests additional training at their Hyper Kidz Business, or if Hyper Kidz determines that the franchisee needs additional training, the franchisee must pay a daily fee of $250 for each trainer. This fee is charged per trainer per day.
In addition to the daily fee, the franchisee is also responsible for reimbursing each trainer's expenses. These expenses include travel, lodging, and meals. The daily fee and expense reimbursement are due when billed by Hyper Kidz.
This policy means that franchisees should budget not only for the initial training, which covers three people, but also for potential ongoing training needs. If Hyper Kidz mandates additional training, the franchisee will incur these costs, highlighting the importance of thorough initial training and consistent operational performance to minimize the need for supplementary on-site support.