factual

What document's representations are not disclaimed by the Kidokinetics franchise agreement?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 15.3.13.

Franchisee must request that Franchisor provide the prospective transferee with Franchisor's current form of franchise disclosure document, and Franchisor will not be liable for any representations not included in the franchise disclosure document;

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2024 FDD)

Based on the 2024 Kidokinetics Franchise Disclosure Document, when a franchisee transfers their franchise to a new owner, Kidokinetics will provide the prospective transferee with the current form of the franchise disclosure document. Kidokinetics states they will not be liable for any representations not included in the franchise disclosure document. This implies that Kidokinetics could be held liable for representations that ARE included in the franchise disclosure document.

This is a fairly standard practice in franchising. The FDD is a legal document designed to provide potential franchisees with the information needed to make an informed investment decision. Franchisors are generally held accountable for the accuracy and completeness of the information contained within it.

Prospective Kidokinetics franchisees should carefully review the FDD and any related documents provided by the franchisor. It is important to understand what representations Kidokinetics is making and what disclaimers apply. If there are any questions or concerns, it is advisable to seek legal counsel before signing a franchise agreement.

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.