Is there a fee for additional on-site training and assistance provided by Hyper Kidz?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
ience in the subject he/she is teaching, and less than one year of experience with us or our Affiliate.
For the opening of your Hyper Kidz Business, we will provide you with one of our trained representatives. The trained representative will provide on-site pre-opening and opening training, supervision, and assistance to you for up to 14 days around your Hyper Kidz Business's opening. If you request additional days of on-site opening assistance, you must pay our then-current per diem fee (currently $250) for each additional day of opening assistance provided, and you must reimburse our representative's
expenses for the additional days, including travel, lodging and meals. If you are opening your second (or later) Franchised Business, we have the right to reduce the duration of our representative's visit or to not provide opening assistance.
If, during the term of your Franchise Agreement, you request that we provide additional training on-site at your Hyper Kidz Business, or if we determine that you need additional training or assistance (such as if you incur unsatisfactory or below average ratings after an inspection), you must pay our then-current per diem fee (currently $250) for each trainer we provide, and you must reimburse us for any expenses our trainers incur, such as costs of travel, lodging, and meals.
We do not anticipate holding any refresher training programs.
We have the right to hold a meeting or convention of our franchisees, which may be held on a regional or national basis.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 24–33)
What This Means (2024 FDD)
According to Hyper Kidz's 2024 Franchise Disclosure Document, there are fees associated with additional on-site training and assistance. For the opening of a Hyper Kidz Business, the franchisor provides a trained representative for on-site pre-opening and opening assistance for up to 14 days. However, if a franchisee requests additional days of on-site opening assistance, they must pay the then-current per diem fee, which is currently $250 per day, and reimburse the representative's expenses, including travel, lodging, and meals.
During the term of the Franchise Agreement, if a franchisee requests additional on-site training at their Hyper Kidz Business, or if Hyper Kidz determines that the franchisee needs additional training or assistance (such as if they receive unsatisfactory ratings after an inspection), the franchisee must pay the then-current per diem fee, also currently $250, for each trainer provided. Additionally, the franchisee must reimburse Hyper Kidz for any expenses incurred by the trainers, including costs of travel, lodging, and meals.
If a franchisee needs to designate a replacement or successor employee to complete the initial training, Hyper Kidz has the right to charge a reasonable fee, currently $1,500, for the initial training provided, if the franchisee has not been approved to provide the training themselves. These fees and reimbursement requirements are important considerations for prospective Hyper Kidz franchisees as they plan their budget and operational costs.