What is included in the initial inventory that a Kidokinetics franchisee must purchase?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
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- Initial Inventory. You must purchase an initial inventory of play equipment, including balls of all types, fitness dice, lacrosse set, polyspots, juggling scarves, Little Tikes golf clubs, mini basketball hoops, baseball bases and bats, T-ball set, bowling set of pins and balls, tunnels, rope, footballs, bean bags, Frisbees, plastic cones, jump ropes, potato sacks, egg and spoon set, hula hoops, nets and goals, volleyballs, parachutes, hockey pucks and sticks, badminton sets, tennis racquets, etc.
The cost of these items may vary based on manufacturers' discounts and specials at the time of purchase and other factors.
We do not know if the amounts you pay for inventory items are refundable.
You should inquire about the return and refund policy of the suppliers at or before the time of purchase.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–22)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, franchisees are required to purchase an initial inventory of play equipment. This inventory is quite extensive, covering a wide range of sporting and recreational items necessary for conducting Kidokinetics programs.
The required initial inventory includes balls of all types, fitness dice, a lacrosse set, polyspots, juggling scarves, Little Tikes golf clubs, mini basketball hoops, baseball bases and bats, a T-ball set, a bowling set of pins and balls, tunnels, rope, footballs, bean bags, Frisbees, plastic cones, jump ropes, potato sacks, an egg and spoon set, hula hoops, nets and goals, volleyballs, parachutes, hockey pucks and sticks, badminton sets, and tennis racquets.
The FDD notes that the cost of these inventory items can fluctuate based on manufacturer discounts, specials at the time of purchase, and other market factors. Kidokinetics does not guarantee that the amounts paid for inventory are refundable, so franchisees should inquire about the return and refund policies of the suppliers before making any purchases. This comprehensive list ensures that franchisees are well-equipped to deliver the diverse and engaging fitness programs that Kidokinetics offers, but it also represents a significant upfront investment that must be carefully considered.