In New York, does the state recommend the Kidokinetics franchise if it is registered?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
NEW YORK
- The following information is added to the cover page of the Franchise Disclosure Document:
INFORMATION COMPARING FRANCHISORS IS AVAILABLE. CALL THE STATE ADMINISTRATORS LISTED IN EXHIBIT A OR YOUR PUBLIC LIBRARY FOR SERVICES OR INFORMATION. REGISTRATION OF THIS FRANCHISE BY NEW YORK STATE DOES NOT MEAN THAT NEW YORK STATE RECOMMENDS IT OR HAS VERIFIED THE INFORMATION IN THIS FRANCHISE DISCLOSURE DOCUMENT. IF YOU LEARN ANYTHING IN THIS FRANCHISE DISCLOSURE DOCUMENT IS UNTRUE, CONTACT THE FEDERAL TRADE COMMISSION AND THE APPROPRIATE STATE OR PROVINCIAL AUTHORITY. THE FRANCHISOR MAY, IF IT CHOOSES, NEGOTIATE WITH YOU ABOUT ITEMS COVERED IN THE FRANCHISE DISCLOSURE DOCUMENT. HOWEVER, THE FRANCHISOR CAN NOT USE THE NEGOTIATING PROCESS TO PREVAIL UPON A PROSPECTIVE FRANCHISEE TO ACCEPT TERMS WHICH ARE LESS FAVORABLE THAN THOSE SET FORTH IN THIS FRANCHISE DISCLOSURE DOCUMENT.
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, New York state does not recommend the franchise simply because it is registered. The FDD states that registration by New York State does not indicate endorsement or verification of the information provided in the disclosure document.
This means that prospective franchisees in New York should not assume that the state has vetted the Kidokinetics franchise opportunity or guarantees the accuracy of the information in the FDD. Franchisees must conduct their own due diligence and seek professional advice to evaluate the risks and benefits of investing in a Kidokinetics franchise.
This disclaimer is a standard practice in franchise regulation. Many states require franchise registration but explicitly state that registration does not imply approval or recommendation. This protects the state from liability and emphasizes that the responsibility for evaluating the franchise opportunity lies with the potential franchisee. Therefore, potential Kidokinetics franchisees in New York should carefully review the FDD, consult with existing franchisees, and seek legal and financial counsel before making a decision.