How many Kidokinetics outlets were opened in Florida during 2021?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Outlets Opened | Outlets Reacquired From Franchisee | |||||
|---|---|---|---|---|---|---|---|
| Outlets at | Outlets | Outlets Sold to | Outlets at | ||||
| Year | |||||||
| Start of Year | Closed | Franchisee | End of Year | ||||
| Florida | 2021 | 1 | 3 | 0 | 0 | 0 | 4 |
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 3 outlets opened in Florida during 2021. The number of outlets in Florida at the start of 2021 was 1, and by the end of the year, the total number of outlets was 4.
This information is valuable for potential franchisees as it provides insight into the growth and expansion of Kidokinetics in Florida. Observing the number of new outlets opened can indicate the brand's acceptance and market penetration within the state. It's important to note that past performance does not guarantee future results, but it can offer a general idea of the brand's growth trajectory.
Prospective franchisees should also consider other factors, such as the number of outlets closed or reacquired, to get a comprehensive understanding of the franchise's stability and success rate. Additionally, it would be beneficial to compare these figures with those of other states to assess Florida's relative performance within the Kidokinetics system.