How many Kidokinetics outlets were operating in Indiana at the end of 2023?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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 3 Kidokinetics outlets operating in Indiana at the end of 2023. The FDD provides a table that lists the number of outlets by state for the years 2021, 2022, and 2023.
For a prospective franchisee, this information indicates the existing market penetration of Kidokinetics in Indiana. It shows that Kidokinetics had a presence in the state, which could provide some brand recognition. However, the document also notes that the Indiana franchisee's three outlets ceased operations in 2024, prior to the issuance of the FDD.
This closure raises some questions for potential franchisees. It would be prudent to investigate why these outlets closed, whether it was due to market conditions, franchisee performance, or other factors. Understanding the reasons behind these closures can help a prospective franchisee assess the risks and opportunities associated with opening a Kidokinetics franchise in Indiana or similar markets.
It is important to note that while the table provides historical data on outlet openings and closures, it does not guarantee future performance. Market conditions, competition, and the franchisee's own efforts will all play a significant role in the success of a Kidokinetics franchise.