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If a prospective Kidokinetics franchisee is a resident of Maryland, can they sign the Franchise Disclosure Questionnaire?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

FRANCHISE DISCLOSURE QUESTIONNAIRE

(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)

As you know, Kidokinetics Franchise LLC ("we" or "us"), and you are preparing to enter into a Franchise Agreement for the operation of a Kidokinetics franchise. You cannot sign or date this questionnaire the same day as the Receipt for the Franchise Disclosure Document, but you must sign and date it the same day you sign the Franchise Agreement. Please review each of the following questions carefully and provide honest responses to each question. If you answer "No" to any of the questions below, please explain your answer in the table provided below.

Do not sign this Questionnaire if you are a resident of Maryland or if the franchise is to be operated in Maryland.

Source: Item 23 — RECEIPT (FDD pages 59–205)

What This Means (2024 FDD)

According to Kidokinetics' 2024 Franchise Disclosure Document, a prospective franchisee who is a resident of Maryland cannot sign the Franchise Disclosure Questionnaire. The document explicitly states that the questionnaire is not to be used for any franchise sale in or to residents of Maryland, among other states.

This restriction means that Kidokinetics franchisees in Maryland are exempt from completing this specific questionnaire, which typically assesses the franchisee's understanding of the franchise agreement and related documents. However, the Maryland Addendum modifies the Franchise Agreement and Franchise Disclosure Questionnaire to ensure that franchisees do not waive any rights under the Maryland Franchise Registration and Disclosure Law.

This amendment ensures that while Maryland franchisees do not complete the standard questionnaire, their rights and protections under Maryland franchise law are preserved. Prospective franchisees in Maryland should carefully review the state-specific addendum and consult with legal counsel to fully understand their rights and obligations.

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.