Can Hyper Kidz modify its standards and specifications?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
You must sell and offer for sale only those programs, products and services that we have expressly approved for sale in writing and in the manner and style we require. You must discontinue offering for sale any programs, products and services we may disapprove in writing at any time. We can, and expect to, modify our standards and specifications as we deem necessary. We will provide you notice in the Manual or other methods (such as by email) of any changes in the standards and specifications.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 19–22)
What This Means (2024 FDD)
According to Hyper Kidz's 2024 Franchise Disclosure Document, Hyper Kidz can modify its standards and specifications as it deems necessary. Hyper Kidz will notify franchisees of any changes in the standards and specifications through the Confidential Operations Manual or other methods such as email. Franchisees must operate their Hyper Kidz Business in strict conformity with Hyper Kidz's methods, standards, and specifications, as set forth in the Manual or otherwise in writing, and must refrain from deviating from these without prior written consent.
Hyper Kidz also requires franchisees to maintain sufficient supplies of products purchased from designated or approved suppliers and to use only programs, products, and services that Hyper Kidz has expressly approved for sale in writing. Hyper Kidz can disapprove any programs, products, and services in writing at any time, and franchisees must discontinue offering them for sale.
Furthermore, Hyper Kidz has the right to change its insurance requirements during the term of the Franchise Agreement, including the types and amounts of coverage, and franchisees must comply with those changes. This gives Hyper Kidz considerable control over the operation of the franchise and requires franchisees to stay updated on any changes to standards, specifications, approved suppliers, and insurance requirements.