What is the estimated low-end total initial investment for two Kidokinetics franchises?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of | Amou | unt | Method | To Whom | |
|---|---|---|---|---|---|
| Expenditure | Low | High | of Payment | When Due | Payment is to be Paid |
| Initial Franchise | $100,000 | $170,000 | Upon Signing the Franchise Agreement | Us | Upon Signing the Franchise Agreement |
| Fee (1) | |||||
| Initial Investment for First Kidokinetics Business (2) | $50,500 | $84,700 | Per Table Above | Per Table Above | Per Table Above |
| Initial Investment for Additional Kidokinetics Businesses (2) | $12,000 | $19,500 | Per Table Above | Per Table Above | Per Table Above |
| TOTAL ESTIMATED INITIAL INVESTMENT FOR TWO FRANCHISES (2) | $162,500 | $204,200 | Per Table Above | Per Table Above | Per Tab |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–22)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the total estimated initial investment for two franchises is $162,500 on the low end. This figure encompasses various costs associated with establishing and operating two Kidokinetics businesses. It's important to note that this is just an estimate, and the actual costs may vary.
Prospective franchisees should carefully review all the components of the initial investment, as detailed in Item 7 of the FDD, and consider factors such as location, market conditions, and individual business circumstances. Understanding the breakdown of these costs is crucial for effective financial planning and ensuring sufficient capital to launch and sustain the Kidokinetics franchise.
Kidokinetics does not offer direct or indirect financing for these initial investment expenses. All payments made to Kidokinetics or its affiliates are non-refundable, and payments to third parties are generally non-refundable as well, unless otherwise arranged. Therefore, franchisees should conduct thorough due diligence and seek professional advice before committing to the investment.