How often are Hyper Kidz brand fund contributions billed?

According to Hyper Kidz's 2024 Franchise Disclosure Document, contributions to the brand fund are billed weekly. These contributions are calculated as 1% of the gross revenue. The contributions are recognized as revenue when earned by Hyper Kidz.

It's important to note that, according to the FDD, Hyper Kidz had no contributions to the brand fund during the years ended December 31, 2022, 2021, and 2020. This could be due to various factors, such as the brand fund being newly established or the franchisor choosing to waive contributions during those years.

For a prospective franchisee, the weekly billing of the brand fund contribution means that they need to allocate 1% of their gross revenue each week for this purpose. This should be factored into their financial planning and budgeting. It is advisable to inquire with Hyper Kidz about the purpose of the brand fund and how it benefits franchisees.