factual

Is Kidokinetics an approved supplier of the proprietary business management software?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

SERVICES

You must operate your Kidokinetics Business according to our System and specifications. This includes purchasing or leasing products, services, supplies, equipment, computer hardware and software, and inventory related to establishing and operating the Kidokinetics Franchise under our specifications, which may include purchasing these items from: (i) our designees; (ii) approved suppliers; and/or (iii) us or our affiliates. You must not deviate from these methods, standards and specifications without our prior written consent, or otherwise operate in any manner which reflects adversely on our Marks or the System.

Our confidential franchise operations manual ("Franchise Operations Manual") states our standards, specifications and guidelines for all products and services we require you to obtain in establishing and operating your Kidokinetics Franchise and approved vendors for these products and services. We will notify you of new or modified standards, specifications and guidelines through periodic amendments or supplements to the Franchise Operations Manual or through other written communication (including electronic communication such as email or through a system-wide intranet).

You must purchase, install, maintain in sufficient supply and use equipment, signs and supplies that conform to the standards and specifications described in the Franchise Operations Manual or otherwise in writing.

Many of the products, supplies and services discussed above may only be purchased from approved suppliers in accordance with the Franchise Operations Manual. We will provide you with a list of these items and services and their approved suppliers, which may include or be limited to us or an affiliate. We are approved suppliers of the proprietary business management software. We or our affiliate are the exclusive provider of the Enhanced Business Coaching and Training Services for your Kidokinetics Businesses and of the marketing materials and services including the Initial Marketing Package. We are also an approved supplier of logoed items, such as uniforms, packaging supplies and other items bearing the Marks, but we may approve alternate suppliers in our discretion.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 22–24)

What This Means (2024 FDD)

According to Kidokinetics's 2024 Franchise Disclosure Document, Kidokinetics is an approved supplier of the proprietary business management software. Franchisees are required to operate their Kidokinetics business according to the Kidokinetics system and specifications, which includes purchasing or leasing computer hardware and software.

Specifically, franchisees must purchase a software license for KIDOLINK, Kidokinetics's proprietary software, for a one-time fee of $3,000 prior to opening their business. Additional Kidokinetics businesses require an additional $1,000 fee. Franchisees must use the computer hardware and software, including the point-of-sale system, that Kidokinetics periodically designates to operate their Kidokinetics Business.

Kidokinetics maintains the right to modify the standards, specifications, and guidelines for all products and services required to establish and operate a Kidokinetics franchise. These modifications will be communicated through amendments or supplements to the Franchise Operations Manual or via other written communication. Franchisees are obligated to use approved suppliers for equipment, signs, and supplies that conform to the standards and specifications detailed in the Franchise Operations Manual.

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.