How many Kidokinetics outlets were opened in Oklahoma 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 |
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 5 outlets opened in Oklahoma during 2023. The table provided in Item 20 of the FDD details the status of franchised outlets, including the number of outlets opened, terminations, non-renewals, and outlets at the end of the year for each state.
For a prospective franchisee, this information is valuable in understanding the growth and activity of Kidokinetics in specific states. Seeing that Oklahoma added 5 outlets in 2023 indicates potential market interest and brand expansion in that region. This data helps potential franchisees evaluate the opportunities and competitive landscape in different geographic areas.
It's also important to note the other columns in the table, such as terminations and non-renewals, to get a complete picture of outlet performance. However, in the case of Oklahoma, there were no terminations or non-renewals, suggesting that the newly opened Kidokinetics outlets remained operational throughout the year. This information can be used to assess the stability and success rate of Kidokinetics franchises in Oklahoma.