How many Kidokinetics outlets opened in Georgia during 2022?
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 |
| 2022 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 2 | 0 | 0 | 0 | 6 | |
| Georgia | 2021 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 2 | 0 | 0 | 0 | 2 |
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 two outlets opened in Georgia during 2022. The table provided in Item 20 of the FDD outlines the number of outlets opened, reacquired, closed, or sold to franchisees, as well as the number of outlets at the start and end of each year.
For a prospective franchisee, this information is useful in understanding the growth and changes within the Kidokinetics franchise system in specific states. It provides insight into how the brand is expanding or contracting in different geographic areas. This can help potential franchisees assess the market saturation and growth potential in their desired location.
It's important to note that the FDD also includes information on projected new franchised outlets in the next fiscal year. While this provides an outlook on future growth, it's distinct from the historical data on actual outlet openings. Reviewing both historical data and projections can offer a more comprehensive view of Kidokinetics' development strategy and potential opportunities.