What does 'Enrichment Monthly Subscription' refer to regarding Kidokinetics fees?

According to Kidokinetics's 2024 Franchise Disclosure Document, the 'Enrichment Monthly Subscription' refers to the monthly subscription fees charged to attendees for weekly classes. These classes typically run for 30 to 45 minutes each, with the subscription covering one class per week during each monthly billing cycle. The gross sales range for Enrichment Monthly Subscriptions was between $59 and $112 in 2023.

For a prospective Kidokinetics franchisee, this means that a portion of their revenue will come from these recurring monthly subscriptions. The amount generated from these subscriptions will depend on the number of attendees and the subscription fee charged, which can vary between $59 and $112. This subscription model provides a predictable income stream, as subscribers are billed monthly for the weekly classes.

It's important to note that the financial performance representation includes data from existing franchised locations, and individual results may vary. The FDD explicitly states that there is no assurance that a new franchisee will earn as much as the reported figures. Prospective franchisees should conduct their own due diligence and consider factors such as location, market demand, and operating expenses to estimate their potential earnings from Enrichment Monthly Subscriptions and other revenue streams.