How many Kidokinetics outlets were operating in California at the end of 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 8 Kidokinetics outlets operating in California at the end of 2023. The FDD provides a detailed table outlining the status of franchised outlets, including the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations for other reasons, and the number of outlets at the end of the year. This information is broken down by state and year for the period of 2021-2023.
For a prospective franchisee, this level of detail offers valuable insight into the growth and stability of the Kidokinetics franchise system in specific geographic areas. The data allows potential franchisees to assess the brand's performance in their target market, identify trends in outlet openings and closures, and evaluate the overall health of the franchise network. This information can be used to make informed decisions about whether to invest in a Kidokinetics franchise and where to locate their business.
It is important to note that while the FDD provides historical data on outlet openings and closures, it does not guarantee future performance. Factors such as local market conditions, competition, and the franchisee's own management skills can all impact the success of a Kidokinetics franchise. Therefore, prospective franchisees should conduct their own due diligence and consult with experienced business advisors before making any investment decisions.