Under what conditions can Hyper Kidz reduce or eliminate opening assistance for my Hyper Kidz Business?
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 h
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, if a franchisee is opening their second or later Hyper Kidz location, Hyper Kidz reserves the right to reduce the amount of opening assistance provided or to not provide any opening assistance at all.
This means that while Hyper Kidz typically provides on-site pre-opening and opening training, supervision, and assistance for up to 14 days for a new franchise location, this assistance is not guaranteed for franchisees who are expanding and opening additional locations. The level of support, or lack thereof, for subsequent locations is at the discretion of Hyper Kidz.
For prospective franchisees considering opening multiple Hyper Kidz locations, this policy has significant implications. The franchisee should be prepared to handle the opening of subsequent locations with potentially less support from Hyper Kidz, which may require more internal resources or additional expenses. It would be prudent to discuss with Hyper Kidz their specific policies and expectations regarding opening assistance for multi-unit owners to fully understand the level of support that will be provided.