What was the gross sales for the Kidokinetics Dallas Location during the 2023 reporting period?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Table 2A | ||
|---|---|---|
| Financial Information for the Dallas Location During the 2023 Reporting Period | ||
| Category | Total | % of Gross Sales |
| Gross Sales (1) | $722,755 | 100% |
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's gross sales during the 2023 reporting period were $722,755. The Dallas location operates in a combined three-territory location in Texas and reports operating results on a combined basis.
It is important to note that the Dallas Location operates under a prior form of Franchise Agreement with alternative fee structures. As such, this location pays a reduced Royalty Fee and does not pay a Brand Development Fund Contribution or technology fees. The franchisor has imputed franchise-related adjustments to reflect fees and costs that franchised Kidokinetics Businesses will pay under the current fee structure.
Prospective franchisees should consider that the financial performance of the Dallas location may not be representative of a typical franchise due to the different fee structure and the fact that it operates in a combined three-territory location. The FDD advises that franchisees may operate in up to four territories and that the franchisor does not collect separate numbers for each Kidokinetics business they operate. The FDD also states that the figures for the Dallas Location include aggregate totals for multiple Kidokinetics Businesses, which may include significantly higher Gross Sales and Net Operating Income than a franchisee would generate operating a single territory.