How many Kidokinetics outlets were opened in Oregon during 2023?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
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| Outlets | Termina- tions | |||||||
|---|---|---|---|---|---|---|---|---|
| at Start | Outlets | Non- | Reacquired | Ceased Opera- | Outlets at End of | |||
| State | Year | of the Year | Opened | Renewals | by Franchisor | tions-Other Reasons | the Year | |
| Texas | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 7 | 0 | 0 | 0 | 0 | 10 | |
| 2023 | 10 | 18 | 0 | 0 | 0 | 0 | 28 | |
| Utah | 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 two outlets opened in Oregon during 2023. The table provided in Item 20 of the FDD details the status of franchised outlets over the past three years, offering a view of the brand's expansion and changes in each state. This information is valuable for potential franchisees to assess the growth and stability of Kidokinetics in specific regions.
Specifically, the table shows 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 Oregon in 2023, the table indicates that there were zero outlets at the start of the year and two outlets opened, with no terminations, non-renewals, re acquisitions, or other closures, resulting in two outlets at the end of the year.
This level of detail allows prospective Kidokinetics franchisees to understand the dynamics of the franchise network in different states. They can see where the brand is growing, where it is stable, and where it might be facing challenges. This information, combined with conversations with current and former franchisees, can provide a comprehensive picture of the Kidokinetics franchise opportunity.