How many Kidokinetics outlets were operating in New York 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 |
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 6 Kidokinetics outlets operating in New York at the end of 2023. The table provided in Item 20 of the FDD details the status of franchised outlets over the past three years, broken down by state. This includes 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 a prospective franchisee, this information is useful for understanding the growth and presence of Kidokinetics in specific states. Seeing the changes in outlet numbers can indicate areas where the franchise is expanding or contracting. It is important to note that the table does not specify the reasons for any closures or non-renewals, so further investigation may be needed to understand the dynamics in each state.
It is also worth noting that the table provides data on outlet openings and closures, but does not include information on the financial performance of these outlets. A prospective franchisee should consider this data in conjunction with other information, such as franchisee testimonials and market research, to get a comprehensive understanding of the Kidokinetics franchise opportunity in New York.