In Ohio, what is the address to which a Kidokinetics franchisee must send the cancellation notice?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
To cancel this transaction, mail or deliver a signed and dated copy of this cancellation notice or any other written notice to Kidokinetics Franchise LLC, 10428 West SR 84, Unit 1, Davie, FL 33324 not later than midnight of the third business day after the Effective Date.
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, the cancellation notice must be mailed or delivered to Kidokinetics Franchise LLC, located at 10428 West SR 84, Unit 1, Davie, FL 33324. This notice must be sent no later than midnight of the third business day after the effective date of the transaction.
This requirement applies generally to all Kidokinetics franchisees who wish to cancel their transaction within the specified timeframe. It is crucial for prospective franchisees to understand this cancellation policy, as failing to send the notice to the correct address within the given timeframe could result in the cancellation being invalid.
It is a common practice in franchising to have a rescission or cancellation period, often mandated by state laws, to protect franchisees. The specific terms, including the duration and the method of notification, can vary. Kidokinetics' requirement to send the notice to their Davie, FL address is a specific detail that franchisees must adhere to.
Prospective Kidokinetics franchisees in Ohio should ensure they fully understand the terms and conditions of the cancellation policy, including the address for sending the cancellation notice, to protect their rights and options should they decide to cancel the franchise agreement within the allotted time.