factual

How will Hyper Kidz notify franchisees of changes to the list of approved suppliers?

Hyper_Kidz Franchise · 2024 FDD

Answer from 2024 FDD Document

A list of our approved suppliers will be included in the Manual and is subject to change over time. We will provide you notice in the Manual or otherwise in writing (such as via email) of any changes to the list of approved suppliers.

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, the list of approved suppliers will be included in the Manual and is subject to change. Hyper Kidz will notify franchisees of any changes to the list of approved suppliers either in the Manual or in writing, such as via email. This is important for franchisees because they are required to purchase products and supplies only from suppliers designated or approved by Hyper Kidz.

This requirement ensures that all Hyper Kidz locations maintain a consistent level of quality and service. Franchisees must adhere to the standards and specifications set forth in the Manual and must not deviate from them without prior written consent from Hyper Kidz. The Manual may be provided in hard copy or electronically, such as by CD-ROM or a password-protected website, and franchisees are responsible for keeping their copy current and up to date.

Hyper Kidz also has the right to establish strategic alliances or preferred vendor programs with suppliers. If they do, they may limit the number of approved suppliers franchisees can deal with and may designate sources that franchisees must use for some or all products, equipment, and services. Hyper Kidz may also refuse to approve proposals from franchisees to add new suppliers if they believe it would not be in the best interests of the System. This gives Hyper Kidz significant control over the supply chain and ensures consistency across all franchise locations.

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.