factual

Under what circumstances will Hyper Kidz provide additional on-site training and assistance?

Hyper_Kidz Franchise · 2024 FDD

Answer from 2024 FDD Document

ve 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

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 24–33)

What This Means (2024 FDD)

According to the 2024 Hyper Kidz Franchise Disclosure Document, Hyper Kidz may provide additional on-site training and assistance under specific circumstances. A franchisee can request additional on-site training at their Hyper Kidz Business. Additionally, Hyper Kidz may determine that a franchisee requires additional training or assistance, for example, if the location receives unsatisfactory or below-average ratings after an inspection.

In either of these situations, the franchisee is responsible for covering the costs associated with the additional training. This includes paying Hyper Kidz's then-current per diem fee, which is currently $250 per trainer per day. The franchisee must also reimburse Hyper Kidz for any expenses incurred by the trainers, such as travel, lodging, and meals.

This policy ensures that Hyper Kidz franchisees have access to additional support when needed, but it also places the financial burden of that support on the franchisee. This is a fairly standard practice in franchising, where franchisees often pay for additional training or support beyond the initial setup. Prospective franchisees should factor these potential costs into their financial planning.

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.