Are the amounts paid for initial inventory items refundable for a Kidokinetics franchise?

actors.

• 1. Initial Inventory. You must purchase an initial inventory of play equipment, including balls of all types, fitness dice, lacrosse set, polyspots, juggling scarves, Little Tikes golf clubs, mini basketball hoops, baseball bases and bats, T-ball set, bowling set of pins and balls, tunnels, rope, footballs, bean bags, Frisbees, plastic cones, jump ropes, potato sacks, egg and spoon set, hula hoops, nets and goals, volleyballs, parachutes, hockey pucks and sticks, badminton sets, tennis racquets, etc. The cost of these items may vary based on manufacturers' discounts and specials at the time of purchase and other factors. We do not know if the amounts you pay for inventory items are refundable. You should inquire about the return and refund policy of the suppliers at or before the time of purchase.
• 1. Training. The cost of training is included in the Initial Franchise Fee, but you are responsible for transportation and expenses for meals and lodging while attending training. The total cost will vary depending on the number of people attending, how far you travel and the type of accommodation you choose.
• 1. Vehicle. You must have a vehicle capable of transporting play equipment. You may use a vehicle that you already own. If you do not already have an appropriate vehicle to travel to/from customer locations, you will need to lease an appropriate vehicle. The low cost assumes you already have a suitable vehicle, and the high cost represents the estimated maximum cost to lease an appropriate SUV or equivalent vehicle.
• 1. Initial Marketing Package. You must pay us $5,000 before opening for initial marketing materials and website updates for your first Franchise. If you open additional Kidokinetics Businesses, you will pay us $1,000 for each Kidokinetics Business. See Item 5 for more details about this fee.
• 1. Licenses & Permits. State and local government agencies typically charge fees for occupancy permits, operating licenses and sales tax licenses, among other things. Your actual costs may vary based on the requirements of state and local government agencies.

• 1. Professional Fees. You will need to employ an attorney, accountant/CPA and other consultants to assist you in establishing your Kidokinetics Business. These fees may vary from location to location depending upon the prevailing rates of local attorneys, accountants and consultants.
• 1. Software License Fee.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–22)