When is the fee for the Initial Marketing Package due for a first Kidokinetics franchise?

According to Kidokinetics's 2024 Franchise Disclosure Document, the $5,000 fee for the Initial Marketing Package for a first franchise is due when you enter into your first Franchise Agreement. This package includes updating the Kidokinetics website and social media to incorporate reference to your Kidokinetics Business, two whip banners, a package of collateral materials, a local press release, and a direct mail marketing campaign targeting institutional client opportunities. The fee is uniform and non-refundable.

For franchisees purchasing additional Kidokinetics businesses, the fee for the Initial Marketing Package is $1,000 for each additional business. This fee is also due when you enter into the franchise agreement for the additional franchise and includes a direct marketing campaign targeting institutional client opportunities.

It is important to note that the Initial Marketing Package fee is separate from other fees such as the Initial Franchise Fee ($60,000), the Software License Fee ($3,000), and the Enhanced Business Coaching and Training Fee ($7,500), all of which are also due upon signing the Franchise Agreement for a first Kidokinetics business. Understanding the timing and amounts of these initial fees is crucial for prospective franchisees to manage their initial investment.