When did the Kidokinetics Dallas Location begin operations in its third territory?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
The Dallas Location has been in operation since February 2008 and operates in three territories. The Dallas Location began operations in two of its territories in February 2008 and operations in its third territory in June 2012.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–54)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the Dallas location began operations in two territories in February 2008. The franchise started operations in its third territory in June 2012.
This information is relevant for prospective franchisees as it provides insight into the operational history of an existing Kidokinetics location. Understanding the timeline of territory expansion can help franchisees gauge the potential growth trajectory of their own franchises.
It's important to note that the FDD includes financial performance data from this Dallas location, which operates under a prior franchise agreement with different fee structures. This means the disclosed operating expenses may not be fully representative of what a new franchisee would experience under the current agreement. Therefore, prospective franchisees should carefully consider these differences and conduct their own due diligence to estimate potential costs and revenues.