How long has Affiliate Location #1 been operating its Kidokinetics territory in Florida?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
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- Affiliate Location #1 operates in one large territory in Florida and has done so since October 2000. Affiliate Location #2 operates three territories in Florida and has done so since November 2021.
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 #1 has been operating in Florida since October 2000. The affiliate operates one large territory within the state.
This information is relevant to prospective franchisees as it provides insight into the operational history of an established affiliate location. By understanding how long Affiliate Location #1 has been in business, potential franchisees can gauge the long-term viability and potential market saturation in Florida.
It's important to note that the financial performance of affiliate locations may differ from franchised locations due to variations in fee structures and operational requirements. While Affiliate Location #1 does not pay Royalty Fees, Brand Development Fund Contributions, or technology fees, franchised Kidokinetics businesses will be subject to these payments. Therefore, while the longevity of Affiliate Location #1 is a positive indicator, franchisees should also consider the different financial obligations when evaluating the potential profitability of a Kidokinetics franchise.