Does the furniture, fixtures, and equipment estimate for a Hyper Kidz franchise include office equipment?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
Our estimate includes the various playground equipment you will need for each of Big Kid Zone, Kid Zone, and Mini Zone, as well as a video surveillance system.
Our estimate also includes furnishings, including office equipment (desk, chairs, filing cabinet, shelving), reception desk, lobby area furniture, shelving units, dispensers for toilet paper, paper towels and hand sanitizer, audio visual equipment installation (including video monitors, speakers, rack, sound system, mic, wiring), waiver kiosks/tablets, surveillance and security system, refrigerators and coolers.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2024 FDD)
According to the 2024 Hyper Kidz Franchise Disclosure Document, the furniture, fixtures, and equipment estimate does include office equipment. The estimate covers playground equipment for the Big Kid Zone, Kid Zone, and Mini Zone, along with a video surveillance system. In addition, the estimate includes furnishings such as a desk, chairs, filing cabinet, and shelving for the office.
The estimate also accounts for the reception desk, lobby area furniture, shelving units, dispensers for toilet paper, paper towels and hand sanitizer, and audio-visual equipment installation, including video monitors, speakers, rack, sound system, mic, and wiring. The estimate also includes waiver kiosks/tablets, surveillance and security systems, refrigerators, and coolers.
Prospective Hyper Kidz franchisees should consider this comprehensive list when budgeting for their initial investment. The FDD's inclusion of specific items like audio-visual equipment and security systems suggests the importance of these elements in the Hyper Kidz business model. Franchisees should confirm with Hyper Kidz approved suppliers to ensure they are getting the required equipment and furnishings within the estimated budget of $250,000 to $400,000, as shown in the table.