If purchasing additional Kidokinetics businesses, what is the reduced Software License fee for each additional business?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
Business. In addition to the costs for the first Kidokinetics Business, if you purchase additional Kidokinetics Businesses, you will only pay the Initial Franchise Fee, a reduced Initial Marketing Package Fee of $1,000 for each Kidokinetic Business, a reduced Software License fee of $1,000 for each additional Kidokinetics Business and you must also have an additional $10,000 in Additio
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–22)
What This Means (2024 FDD)
According to the 2024 Kidokinetics Franchise Disclosure Document, if you purchase additional Kidokinetics businesses, you will pay a reduced Software License fee of $1,000 for each additional business. This is in contrast to the initial Software License fee of $3,000 for the first franchise.
This reduced fee applies to each additional Kidokinetics business a franchisee purchases. This means that if a franchisee decides to expand their Kidokinetics operations by acquiring additional territories, they will benefit from this lower software license fee, reducing the overall investment required for each new location.
Prospective franchisees should note that this reduced fee is specifically for the Software License. Other fees, such as the Initial Franchise Fee and the Initial Marketing Package Fee, are also reduced for additional franchises, as detailed in Item 5. Understanding the full scope of these reduced fees is crucial for accurately estimating the total investment for multiple Kidokinetics businesses.