How many Kidokinetics outlets opened in Oklahoma during 2023?

According to Kidokinetics' 2024 Franchise Disclosure Document, there were 5 Kidokinetics outlets opened in Oklahoma during 2023. The table provided in Item 20 of the FDD details the status of franchised outlets over the past three years, from 2021 to 2023. This includes information on the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.

For a prospective franchisee, this information is valuable in understanding the growth and stability of the Kidokinetics franchise system in specific states. Seeing the number of new outlets opened in a state like Oklahoma can provide insight into the brand's expansion and market penetration in that area. It also helps to assess the potential for further growth and the level of competition that may already exist.

It's important to note that while the table provides a snapshot of outlet activity, it doesn't offer reasons for terminations or closures. A prospective franchisee should investigate further to understand the factors that contribute to these changes. Additionally, the data only reflects past performance and may not be indicative of future results. Therefore, it's crucial to consider other factors, such as market trends and local economic conditions, when evaluating the potential of a Kidokinetics franchise in a particular state.

Overall, the information presented in Item 20 offers a starting point for assessing the viability of a Kidokinetics franchise in different regions. By examining the historical data on outlet openings and closures, prospective franchisees can gain a better understanding of the brand's performance and potential for success in their target market.