factual

How is the Kidokinetics Territory, granted in the Kidokinetics franchise agreement, described?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

This Agreement grants Franchisee the right to operate the Kidokinetics Business from a single location within a Territory ("Kidokinetics Business Location") described and/or mapped in Attachment "B" to this Agreement and incorporated into this Agreement.

Except as otherwise provided for in this Agreement, as long as Franchisee is in compliance with the terms and conditions hereof, Franchisor agrees it will not operate, nor permit any other franchisee to operate, a Kidokinetics Business within the Territory using the same Marks.

Franchisee acknowledges that other franchisees may operate their Kidokinetics Businesses from home offices located within the Territory, however, such Franchisee shall not be granted the right to operate within the Territory.

Franchisee may not operate outside the Territory without express written authorization from Franchisor.

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2024 FDD)

According to Kidokinetics' 2024 Franchise Disclosure Document, the franchise agreement grants the franchisee the right to operate a Kidokinetics business from a single location within a specific territory. This territory is described and/or mapped in Attachment "B" of the agreement, which is incorporated into the agreement.

Kidokinetics agrees not to operate or allow another franchisee to operate a Kidokinetics business within the franchisee's territory, as long as the franchisee complies with the agreement's terms. However, other franchisees may operate their Kidokinetics businesses from home offices within the territory, but they are not granted the right to operate within the territory itself.

The Kidokinetics franchisee is not allowed to operate outside their designated territory without express written authorization from Kidokinetics. Kidokinetics retains the right to conduct certain activities within the franchisee's territory, such as establishing other franchised businesses outside the territory, engaging in business ventures, offering similar products under different marks, and selling products through various distribution channels. The franchisee acknowledges that the agreement does not grant them the right to offer products via e-commerce without prior approval, establish an independent website using Kidokinetics' marks, or use distribution channels not specified in the agreement.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.