According to the table, did Kidokinetics reacquire any franchises between 2021 and 2023?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlets | ||||||||
|---|---|---|---|---|---|---|---|---|
| at Start | Reacquired | Ceased | ||||||
| Outlets | Termina- | Non- | Opera- | Outlets at End of | ||||
| State | Year | of | by | |||||
| the Year | Opened | tions | Renewals | Franchisor | tions-Other Reasons | the Year | ||
| Arizona | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | |
| California | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 8 | 0 | 0 | 0 | 0 | 8 | |
| Colorado | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 3 | 0 | 0 | 0 | 0 | 5 | |
| Florida | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 2 | 0 | 0 | 0 | 0 | 5 | |
| 2023 | 5 | 2 | 0 | 0 | 0 | 0 | 7 | |
| Georgia | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | |
| Idaho | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Indiana* | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–59)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, the brand did not reacquire any franchises between 2021 and 2023. The provided tables, which detail outlet information by state and year, include a column for "Reacquired by Franchisor." Across all states and years (2021, 2022, and 2023), the values reported in this column are consistently zero. This indicates that Kidokinetics did not repurchase any franchised locations during this period.
This information is relevant for prospective franchisees as it provides insight into the stability of the franchise network. The fact that Kidokinetics did not reacquire any franchises suggests that franchisees were generally successful in operating their businesses, or that Kidokinetics prefers not to reacquire franchises as a business strategy.
It is important to note that while Kidokinetics did not reacquire any franchises, other changes in outlet status may have occurred, such as terminations, non-renewals, or closures for other reasons. These are detailed in separate columns in the tables, offering a more complete picture of franchise activity within the Kidokinetics system. Reviewing these figures alongside the "Reacquired by Franchisor" data can give potential franchisees a better understanding of the overall health and dynamics of the Kidokinetics franchise network.