What were the gross sales for Kidokinetics Affiliate Location #2, which covers three territories?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Affiliate Location | Gross Sales |
|---|---|
| Affiliate Location #1 | $408,814 |
| (Undefined Area - | |
| Equivalent of Six | |
| Territories) | |
| Affiliate Location #2 | $90,884 |
| (Three Territories) |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–54)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, Affiliate Location #2, which operates three territories, had gross sales of $90,884 in 2023. This figure represents the revenue received from all goods, services, and products sold through the Kidokinetics business. It also includes all other income related to the business, whether from cash or credit, and the full redemption value of any gift cards or coupons.
It is important to note that this gross sales figure does not reflect the costs of sales, operating expenses, or other costs that must be deducted to determine net income or profit. A prospective franchisee should conduct an independent investigation of the costs and expenses they will incur while operating their Kidokinetics franchise.
Furthermore, the FDD notes that Affiliate Locations do not pay Royalty Fees, Brand Development Fund Contributions, or technology fees, nor are they subject to a Local Marketing Requirement, all of which a franchised Kidokinetics business will have to pay. This means that while the gross sales figure provides a benchmark, the profitability of a franchised location may differ significantly due to these additional expenses.