How many Kidokinetics outlets were at the end of 2023 in Florida?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | of |
|---|---|---|
| Florida | 2021 | 3 |
| 2022 | 3 | |
| 2023 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–59)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, there were 7 Kidokinetics outlets in Florida at the end of 2023. This number reflects the changes throughout the year, starting with 5 outlets, opening 2 new outlets, and no closures, terminations, non-renewals, or re acquisitions by the franchisor.
For a prospective franchisee, this indicates the growth and current presence of Kidokinetics in Florida. It is important to note that the number of outlets can fluctuate due to various factors such as new openings and closures. Reviewing the historical data provides insight into the stability and expansion of the franchise within the state.
Understanding the dynamics of outlet openings and closures can help a franchisee assess the market potential and competition in their target area. Further research into the specific locations and performance of existing Kidokinetics franchises in Florida would be beneficial for making an informed investment decision.