How many Kidokinetics outlets were operating in Ohio at the end of 2023?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | of | ||||||
|---|---|---|---|---|---|---|---|---|
| Ohio | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 5 | 0 | 0 | 0 | 0 | 8 |
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 8 Kidokinetics outlets operating in Ohio 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. This includes the number of outlets at the start of the year, outlets opened during the year, and the number of outlets at the end of the year.
Specifically for Ohio, the table shows that in 2023, there were 3 outlets at the start of the year, 5 outlets were opened, and there were no terminations, non-renewals, re acquisitions by the franchisor or ceased operations for other reasons. This resulted in a total of 8 Kidokinetics outlets operating in Ohio at the end of 2023.
Prospective franchisees can use this information to understand the growth and presence of Kidokinetics in Ohio. It is important to note that past performance does not guarantee future results, but this data can provide insights into the brand's development in the state. Franchisees should also consider other factors such as market demand, competition, and local economic conditions when evaluating the potential of a Kidokinetics franchise in Ohio.