How many franchised Hyper Kidz outlets were operating at the start of 2021?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
| Column 1 | Column 2 | Column 3 | Column 4 | Column 5 |
|---|---|---|---|---|
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
| Franchised | 2021 | 0 | 1 | +1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–52)
What This Means (2024 FDD)
According to Hyper Kidz's 2024 Franchise Disclosure Document, at the start of 2021, there were zero franchised Hyper Kidz outlets. By the end of 2021, one franchised location was in operation, representing a net increase of one outlet during the year.
This indicates that Hyper Kidz began franchising in 2021. Prospective franchisees should note this relatively young franchise system and consider the implications of joining a brand with limited operating history.
The FDD also provides data on company-owned outlets, revealing that Hyper Kidz had one company-owned outlet at the start of 2021. This detail offers insight into the overall scale of the Hyper Kidz system during that period.