What is the low-end estimate for the initial franchise fee for a Kidokinetics franchise?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
ranchise**
| Type of | Amou | unt | Method | To Whom | |
|---|---|---|---|---|---|
| Expenditure | Low | High | of Payment | When Due | Payment is to be Paid |
| Initial Franchise | $100,000 | $170,000 | Upon Signing the Franchise Agreement | Us | Upon Signing the Franchise Agreement |
| Fee (1) |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–22)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the low estimate for the initial franchise fee is $100,000. This fee is due upon signing the Franchise Agreement.
For a single Kidokinetics franchise, the estimated initial investment ranges from $50,500 to $84,700. However, this range covers various startup expenses beyond just the franchise fee itself. These additional expenses include items such as initial inventory, training, vehicle costs, and an initial marketing package.
For franchisees interested in multiple Kidokinetics locations, the initial franchise fee structure changes. The fee is $60,000 for the first franchise agreement, $40,000 for the second, and $35,000 for the third and fourth agreements. Additionally, franchisees purchasing multiple locations must pay a reduced Initial Marketing Package Fee of $1,000 for each Kidokinetics Business, a reduced Software License fee of $1,000 for each additional Kidokinetics Business, and have an additional $10,000 in Additional Funds.