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How many Kidokinetics outlets were operating in Virginia at the end of 2022?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

State Year of the Year Opened
Virginia 2021 0 0
2022 0 2
2023 2 4

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 2 Kidokinetics outlets operating in Virginia at the end of 2022. The FDD provides a table that details the status of franchised outlets, including the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. This information is broken down by state and year for the years 2021, 2022, and 2023.

For a prospective franchisee, this information is useful for understanding the growth and stability of the Kidokinetics franchise system in specific geographic areas. The table shows the number of outlets opened in Virginia in 2022, which can be an indicator of the brand's acceptance and potential for success in that state. It also shows that there were no terminations, non-renewals, or closures in Virginia during that year, which could be a positive sign for the health of the franchise system in that state.

It is important to note that past performance is not necessarily indicative of future results. However, this data can provide valuable insights into the Kidokinetics franchise system and its performance in different markets. A prospective franchisee should also consider other factors, such as the local market conditions, competition, and the franchisor's support, before making a decision to invest in a Kidokinetics franchise.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.