factual

Is a map of the Hyper Kidz territory included in the franchise agreement?

Hyper_Kidz Franchise · 2024 FDD

Answer from 2024 FDD Document

o Territory (insert map and/or define by zip codes): BE DETERMINED AND INSERTED AFTER A IDENTIFIED BY FRANCHISEE AND APPROVED BY FRANCHISOR, IN ACCORDANCE WITH SECTION 8.1 OF THE FRANCHISE AGREEMENT, IN THE **TERRITORY AND ADDRESS TO HYPER KIDZ PREMISES IS
SITE SEARCH AREA OF
Franchised Business Address:

Source: Item 22 — CONTRACTS (FDD page 52)

What This Means (2024 FDD)

According to Hyper Kidz's 2024 Franchise Disclosure Document, the franchise agreement grants the franchisee the right to operate their franchised business at a single location within a designated territory. This designated territory is described in Attachment 3 of the franchise agreement. Hyper Kidz will not operate or authorize other franchisees to operate a Hyper Kidz outlet in the franchisee's territory using the same marks, as long as the franchisee is not in default of the agreement.

However, Hyper Kidz retains the right to open, operate, or franchise Hyper Kidz franchises bordering and adjacent to the franchisee's territory. The franchisee is prohibited from serving or soliciting customers outside of their designated territory, except as specified in the agreement. The franchise agreement explicitly states that the franchise is nonexclusive but does grant a protected area or territory for the Hyper Kidz business.

Attachment 3, referenced in the franchise agreement for the territory description, includes a section to define the territory and address of the Hyper Kidz premises. It indicates that the territory will be determined and inserted after a site search area is identified by the franchisee and approved by Hyper Kidz, in accordance with Section 8.1 of the franchise agreement. The territory can be defined by a map and/or zip codes.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.