Who pays for the vehicle wrap if Kidokinetics requires it?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisor reserves the right to require Franchisee to wrap the vehicle used in connection with the operation of the Franchised Business in accordance with Franchisor's designated specifications at Franchisee's sole cost and expense.
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the franchisee is responsible for covering the costs associated with wrapping their vehicle if Kidokinetics requires it. The document states that Kidokinetics reserves the right to mandate that franchisees wrap their vehicles according to the franchisor's specifications. This must be done at the franchisee's sole cost and expense.
This requirement means that a prospective Kidokinetics franchisee needs to factor in the potential expense of a vehicle wrap when considering the overall investment. The cost of a vehicle wrap can vary depending on the size of the vehicle, the complexity of the design, and the materials used. It's important for franchisees to budget accordingly and potentially seek quotes from different vendors to ensure they are getting a competitive price.
Furthermore, franchisees are obligated to maintain their Kidokinetics business and location, including vehicles, to the standards specified by Kidokinetics. This includes making necessary repairs or replacements to comply with Kidokinetics's standards. Therefore, franchisees should be prepared for ongoing expenses related to maintaining the appearance and condition of their vehicles, including the vehicle wrap, to meet the franchisor's requirements.