How many Kidokinetics outlets were opened in Ohio during 2022?
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 |
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 Kidokinetics outlets opened in Ohio during 2022. The table provided in Item 20 of the FDD details the number of outlets opened, reacquired, closed, and sold to franchisees, as well as the number of outlets at the start and end of each year for each state. This information is useful for prospective franchisees to understand the growth and changes in the Kidokinetics franchise system over the past three years.
Specifically, the table shows that at the beginning of 2022, there were no Kidokinetics outlets in Ohio. Throughout 2022, three new outlets were opened, and no outlets were closed, reacquired, or sold to franchisees. As a result, the year concluded with a total of three Kidokinetics outlets operating in Ohio.
This data gives potential franchisees insight into the brand's expansion and presence in Ohio. Reviewing this information, along with similar data for other states, can help franchisees assess market penetration and growth trends within the Kidokinetics system.