How many Kidokinetics outlets were opened in California during 2023?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
021 - 2023
| 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 | |
| California | 2021 | 0 | 0 | 0 | 0 |
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 8 Kidokinetics outlets opened in California during 2023. The FDD provides a table that details outlet openings, terminations, and other changes for the years 2021-2023, broken down by state. This information is useful for prospective franchisees to understand the recent growth and changes in the Kidokinetics franchise system.
Specifically, the table shows that at the start of 2023, there were no Kidokinetics outlets in California. Throughout 2023, 8 new outlets were opened, and there were no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations. As a result, the year ended with 8 Kidokinetics outlets in California.
This data point gives potential franchisees insight into the brand's expansion and performance in California. It is important to note that past performance does not guarantee future results, but this historical data can help in assessing the brand's growth trajectory and market penetration in the state. Franchisees should further investigate the reasons behind these openings and the performance of these outlets to gain a comprehensive understanding.