How many Kidokinetics outlets opened in Indiana 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's 2024 Franchise Disclosure Document, there were 3 outlets opened in Indiana during 2023. At the start of 2023, there were no Kidokinetics outlets in Indiana. By the end of 2023, there were 3 outlets.
It is important to note that the Indiana franchisee's three outlets ceased operations in 2024 prior to the issuance of this Disclosure Document. This means that while there was growth in 2023, the franchisee did not sustain operations into the following year.
Prospective franchisees should consider the factors that led to the closure of the Indiana outlets when evaluating the opportunity. Understanding the challenges and how Kidokinetics supports its franchisees in overcoming them is crucial for making an informed decision.