What were the gross sales for Kidokinetics Affiliate Location #1, which is equivalent to six territories?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
Calendar Year
| Affiliate Location | Gross Sales |
|---|---|
| Affiliate Location #1 | $408,814 |
| (Undefined Area - | |
| Equivalent of Six | |
| Territories) | |
| Affiliate Location #2 | $90,884 |
| (Three Territorie |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–54)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, Affiliate Location #1, which is equivalent to six territories, had gross sales of $408,814 in 2023. This location has been operating in Florida since October 2000.
It's important to note that this gross sales figure does not reflect the costs of sales, operating expenses, or other costs that would need to be deducted to determine net income or profit. Kidokinetics franchisees also have to pay royalty fees, brand development fund contributions, and technology fees, which are not factored into the affiliate location's gross sales. These fees are not applicable to the affiliate locations.
Prospective franchisees should conduct their own independent investigation of the costs and expenses they will incur while operating a Kidokinetics franchise. Speaking with current or former franchisees, as listed in the Disclosure Document, may provide additional insights into potential earnings and expenses.