What is the fee for the Initial Marketing Package for each additional Kidokinetics franchise after the first?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
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If you purchase a Multi-Franchise or purchase additional Franchises, you will pay us $1,000 for the Initial Marketing Package for each additional Kidokinetics Business you open. The Initial Marketing Package for additional Franchises includes a direct marketing campaign targeting institutional client opportunities. This fee for the Initial Marketing Package for additional Franchises is uniform and non-refundable and is due when you enter into the franchise agreement for the additional Fran
Source: Item 5 — INITIAL FEES (FDD pages 11–13)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, if a franchisee purchases a Multi-Franchise or additional franchises, they must pay $1,000 for the Initial Marketing Package for each additional Kidokinetics business they open. This Initial Marketing Package for additional franchises includes a direct marketing campaign targeting institutional client opportunities.
This fee is uniform and non-refundable, meaning that all franchisees who purchase additional franchises will pay the same amount, and the fee will not be returned under any circumstances. The fee is due when the franchisee enters into the franchise agreement for the additional franchise.
For a prospective Kidokinetics franchisee, this means that while the initial marketing package for the first franchise costs $5,000, subsequent franchises have a significantly reduced marketing package fee of $1,000. This could be an attractive incentive for those looking to expand their Kidokinetics business with multiple locations.