How many Kidokinetics outlets were operating in Ohio at the start 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 |
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 3 Kidokinetics outlets operating in Ohio at the start of 2023. The table provided in Item 20 of the FDD outlines the status of franchised outlets by state for the years 2021-2023.
The table shows the changes in the number of Kidokinetics outlets in Ohio over the three-year period. In 2021, there were no Kidokinetics outlets in Ohio. By 2022, 3 outlets had opened, bringing the total to 3. In 2023, 5 more outlets opened, resulting in a total of 8 outlets by the end of the year.
This information is useful for prospective franchisees as it provides insight into the growth and presence of Kidokinetics in Ohio. It demonstrates the brand's expansion in the state and can help potential franchisees assess the market opportunity and competition in the area. It is important to note that past performance does not guarantee future results, and franchisees should conduct their own market research to determine the viability of a Kidokinetics franchise in their desired location.