What documentation is required to receive the veteran's discount on the Kidokinetics Initial Franchise Fee?

According to Kidokinetics's 2024 Franchise Disclosure Document, honorably discharged United States veterans or their spouses are eligible for a discount on the Initial Franchise Fee. Specifically, Kidokinetics offers a 5% discount on the Initial Franchise Fee for each franchise purchased under this program. To qualify for this discount, the franchisee must provide a copy of their DD214 form to Kidokinetics.

The DD214 form is a Certificate of Release or Discharge from Active Duty, and it serves as proof of a veteran's honorable service. This requirement ensures that the discount is applied only to eligible veterans or their spouses, maintaining the integrity of the program. The Initial Franchise Fee for a Kidokinetics business is typically $60,000, so a 5% discount could result in a significant savings of $3,000.

It is important for prospective Kidokinetics franchisees who are veterans or spouses of veterans to gather and submit the required DD214 documentation to Kidokinetics during the franchise application process. This will ensure they receive the entitled discount on the Initial Franchise Fee, reducing their initial investment in the franchise. Franchisees should confirm with Kidokinetics the specific procedures for submitting the DD214 and any deadlines associated with the discount application.