factual

Is Kidokinetics or any affiliate currently operating or franchising a business under a different trademark that sells goods or services similar to those offered by Kidokinetics franchisees?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

Although we reserve the rights described, neither we nor any affiliate, currently operates, franchises or has plans to operate or franchise a business under a different trademark that sells or will sell goods or services similar to those offered by you or our other Franchises.

Source: Item 12 — TERRITORY (FDD pages 34–36)

What This Means (2024 FDD)

According to Kidokinetics's 2024 Franchise Disclosure Document, neither Kidokinetics nor any affiliate currently operates, franchises, or has plans to operate or franchise a business under a different trademark that sells or will sell goods or services similar to those offered by Kidokinetics franchisees. However, Kidokinetics retains the right to engage in various business activities, including acquiring or merging with other businesses, even those offering similar products, and operating businesses that offer similar products and services under different trademarks in the future. These activities can occur both within and outside a franchisee's territory.

Kidokinetics also reserves the right to sell and distribute products and services through various channels, including virtual classes, telemarketing, and the Internet, without restriction. They can also provide services to customers within a franchisee's territory if the customer initiates contact. Furthermore, Kidokinetics can use and license technology to non-franchisee locations both inside and outside the franchisee's territory.

This means that while Kidokinetics assures that they are not currently competing with franchisees through other brands, they retain broad rights to do so in the future. A prospective franchisee should consider this when evaluating the potential for competition and market saturation. It is important to understand that the territory granted to a franchisee is not exclusive, and Kidokinetics can engage in activities that may impact the franchisee's business.

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.