How many Kidokinetics outlets opened in Arizona during 2023?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlets | ||||||||
|---|---|---|---|---|---|---|---|---|
| at Start | Reacquired | Ceased | ||||||
| Outlets | Termina- | Non- | Opera- | Outlets at End of | ||||
| State | Year | of | by | |||||
| the Year | Opened | tions | Renewals | Franchisor | tions-Other Reasons | the Year | ||
| Arizona | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 4 | 0 | 0 | 0 | 0 | 4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, there were four Kidokinetics outlets opened in Arizona during 2023. The table provided in Item 20 of the FDD details the number of outlets opened in each state for the years 2021, 2022, and 2023. This information can be helpful for potential franchisees to understand the brand's growth and presence in specific geographic areas.
Specifically, the table shows that at the start of 2023, there were no Kidokinetics outlets in Arizona. Throughout 2023, four new outlets were opened, and no outlets were terminated, non-renewed, reacquired by the franchisor, or ceased operations for other reasons. This resulted in a total of four Kidokinetics outlets in Arizona by the end of 2023.
This data is valuable for prospective franchisees as it provides insight into the recent expansion of Kidokinetics in Arizona. It's important to note that past performance does not guarantee future results, but this information can contribute to a franchisee's assessment of the market potential and brand acceptance in the state. Franchisees should further investigate the specific locations and performance of these outlets to gain a more comprehensive understanding of the Arizona market.