factual

Is the Franchise Disclosure Questionnaire applicable for Kidokinetics franchise sales to residents of South Dakota?

Kidokinetics Franchise · 2024 FDD

Answer 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 applicable for franchise sales to residents of South Dakota. The document explicitly states that the questionnaire is not to be used for any franchise sale in or to residents of several states, including South Dakota.

This means that prospective Kidokinetics franchisees residing in South Dakota are not required to complete the Franchise Disclosure Questionnaire as part of the franchise application process. This questionnaire typically aims to ensure that franchisees understand key aspects of the franchise agreement and acknowledge certain statements made by the franchisor.

However, it is important to note that while the questionnaire is not required, South Dakota franchisees are still subject to all other terms and conditions outlined in the Franchise Disclosure Document and the Franchise Agreement. They are also entitled to the protections and rights afforded to them under South Dakota state law.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.