What is the Kidokinetics franchisee required to request regarding the franchise disclosure document during a transfer?

According to Kidokinetics's 2024 Franchise Disclosure Document, a franchisee looking to transfer their franchise must request that Kidokinetics provide the prospective transferee with the most current version of the franchise disclosure document. This ensures that the potential buyer has access to the latest information about the Kidokinetics franchise opportunity.

Kidokinetics stipulates that it will not be held liable for any representations that are not included in the franchise disclosure document. This provision protects Kidokinetics from claims based on information outside of the official FDD. Therefore, it is crucial for both the franchisee and the prospective transferee to rely solely on the information provided in the FDD and to seek clarification from Kidokinetics for any uncertainties.

This requirement aligns with standard franchising practices, where transparency and full disclosure are paramount during franchise transfers. By mandating the use of the current FDD, Kidokinetics aims to maintain consistency and accuracy in the information provided to potential franchisees, reducing the risk of misunderstandings or disputes during the transfer process.