Is the Franchise Disclosure Questionnaire applicable for Kidokinetics franchise sales to residents of Indiana?
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' 2024 Franchise Disclosure Document, the Franchise Disclosure Questionnaire is not to be used for any franchise sale in or to residents of Indiana. This means that prospective Kidokinetics franchisees residing in Indiana are not required to complete the standard Franchise Disclosure Questionnaire included in Exhibit F of the FDD.
This exclusion suggests that Kidokinetics may have specific legal or regulatory reasons for not using the standard questionnaire in Indiana. It is common for franchise agreements and disclosure requirements to vary by state due to differing franchise laws. Franchisees should be aware that the absence of this questionnaire does not diminish their responsibility to thoroughly review the FDD and seek professional advice.
Prospective Kidokinetics franchisees in Indiana should carefully review any state-specific addenda or riders included in Exhibit G of the FDD, as these may contain alternative disclosures or requirements tailored to Indiana law. They should also consult with a franchise attorney to ensure they fully understand their rights and obligations under Indiana law before signing any agreements or making any payments to Kidokinetics.