What is the total low-end estimated initial investment for four Kidokinetics franchises under the multi-franchise option?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
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| Type of | Amor | unt | Method | To Whom | |
|---|---|---|---|---|---|
| Expenditure | Low | High | of Payment | When Due | Payment is to be Paid |
| TOTAL ESTIMATED INITIAL INVESTMENT FOR THREE FRANCHISES (2) | $209,500 | $258,700 | Per Table Above | Per Table Above | Per Table Above |
| TOTAL ESTIMATED INITIAL INVESTMENT FOR |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–22)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, the total low-end estimated initial investment for four franchises is $256,500. This figure represents the franchisor's best estimate of the costs a franchisee may incur when establishing and operating multiple Kidokinetics businesses. These costs include the initial franchise fee and other initial investments for the Kidokinetics businesses.
Specifically, the initial franchise fee is reduced for additional franchises under the multi-franchise option. The initial investment also includes expenses beyond the initial franchise fee, such as the initial marketing package fee and software license fee, which are also reduced for each additional Kidokinetics business. Additionally, franchisees must have $10,000 in additional funds for each additional business.
It is important for prospective franchisees to carefully review these figures with a business advisor before making any decision to purchase a Kidokinetics franchise. These are estimates, and actual costs may vary. Franchisees should also inquire about the return and refund policies of suppliers at or before the time of purchase to understand if any of the initial investments are refundable.