What initial inventory of play equipment is required for a Kidokinetics franchise?
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 the 2024 Kidokinetics Franchise Disclosure Document, franchisees must purchase an initial inventory of play equipment. This inventory includes a variety of items necessary to conduct Kidokinetics programs. The specific items listed are 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 FDD indicates that the cost of these items can vary based on manufacturers' discounts and specials at the time of purchase, as well as other factors. Kidokinetics does not specify a fixed cost for this initial inventory, suggesting that franchisees need to research and compare prices from different suppliers to manage their expenses effectively. The franchisee should inquire about the return and refund policies of the suppliers before making any purchases.
Prospective Kidokinetics franchisees should consider the space needed to store and transport this equipment, as well as the potential for wear and tear, which may necessitate periodic replacement of items. Additionally, the franchisee must have a vehicle capable of transporting the play equipment to various customer locations. Understanding the cost and logistics associated with this initial inventory is crucial for planning the startup phase of the Kidokinetics business.