How many Kidokinetics outlets were operating in Idaho at the end of 2023?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of | 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 | ||
| Idaho | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–59)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, there was 1 Kidokinetics outlet operating in Idaho at the end of 2023. The FDD provides a detailed breakdown of outlet locations by state and year, which allows prospective franchisees to understand the geographic distribution of the franchise system. This information is crucial for assessing market saturation and growth potential in different regions.
Specifically, the table in Item 20 outlines the number of outlets at the start of the year, the number opened during the year, and the number at the end of the year for each state. For Idaho, the table shows that there were no outlets at the start of 2023, one outlet was opened during the year, and therefore one outlet was operating at the end of 2023. This level of detail helps potential franchisees evaluate specific markets of interest.
Understanding the growth and presence of Kidokinetics in different states can inform a franchisee's decision-making process. It is important to note that while the FDD provides historical data, future performance may vary. A prospective franchisee should further investigate the Idaho market and the factors contributing to the opening of the Kidokinetics outlet to assess the potential for success in that state.