Is the Franchise Disclosure Questionnaire applicable for Kidokinetics franchise sales to residents of Wisconsin?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
(This questionnaire is not to be used for any franchise sale in or to residents of California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin)
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the Franchise Disclosure Questionnaire is not to be used for any franchise sale in or to residents of Wisconsin. This means that prospective Kidokinetics franchisees residing in Wisconsin are not required to complete the standard Franchise Disclosure Questionnaire included in Exhibit F of the FDD.
This exclusion suggests that Wisconsin may have specific regulations or requirements that differ from other states regarding franchise disclosure and franchisee due diligence. Instead of the standard questionnaire, Wisconsin franchisees may be subject to alternative forms or procedures to ensure they are adequately informed about the franchise opportunity and their rights under Wisconsin law.
Prospective franchisees in Wisconsin should carefully review the Wisconsin Fair Dealership Law, Chapter 135 of the Wisconsin Statutes, as it supersedes any conflicting provisions in the Franchise Agreement. They should also consult with a franchise attorney to understand their rights and obligations under Wisconsin law and to ensure they receive all necessary disclosures and protections.