To whom do Kidokinetics Franchised Locations charge the 'Physical Education Hourly Rate'?

According to Kidokinetics's 2024 Franchise Disclosure Document, the 'Physical Education Hourly Rate' is charged to specific third-party clients. These clients include approved entities such as schools and community centers. Kidokinetics franchises offer physical education programs at these locations, and the hourly rate covers these services. The Physical Education Hourly Rate includes the high and low amount paid to the coaches employed by the Franchised Locations.

This means that Kidokinetics franchisees generate revenue by providing physical education programs to schools and community centers, rather than directly to individual students or their parents. The revenue earned from these programs is based on an hourly rate, which can vary. The hourly rate also factors in the compensation for the coaches employed by the franchise to deliver these programs.

For a prospective franchisee, this indicates a business model that relies on building relationships with institutions and organizations rather than individual customers. Understanding how to market and sell Kidokinetics programs to schools and community centers will be crucial for success. Additionally, managing coach payroll within the established hourly rate structure will be an important operational consideration.