As of the effective date of this Kidokinetics Franchise Disclosure Document, is the franchise registration effective in California?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
CALIFORNIA
The registration of this franchise offering by the California Department of Financial Protection and Innovation does not constitute approval, recommendation, or endorsement by the commissioner.
The California Franchise Investment Law requires a copy of all proposed agreements relating to the sale of the Franchise be delivered together with the FDD 14 days prior to execution of the agreement.
California Corporations Code Section 31125 requires us to give to you an FDD approved by the Department of Financial Protection and Innovation before we ask you to consider a material modification of your Franchise Agreement.
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to the 2024 Kidokinetics Franchise Disclosure Document, the franchise registration is effective in California. Exhibit G, titled "State Addenda and Agreement Riders," includes specific modifications and disclosures for franchisees in California.
The document states that the registration of the franchise offering by the California Department of Financial Protection and Innovation does not constitute approval, recommendation, or endorsement by the commissioner. This means that while Kidokinetics is registered to offer franchises in California, the state does not guarantee the success or quality of the franchise.
Additionally, the California Franchise Investment Law requires that a copy of all proposed agreements relating to the sale of the Kidokinetics franchise be delivered together with the FDD 14 days prior to the execution of the agreement. California Corporations Code Section 31125 mandates that Kidokinetics provide a Department of Financial Protection and Innovation-approved FDD before asking a franchisee to consider a material modification of their Franchise Agreement. These regulations ensure that prospective franchisees in California have ample time to review all relevant documents and are protected from modifications to their agreements without proper disclosure.