How many Kidokinetics outlets were reacquired by the franchisor in 2022?
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 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 8 | 0 | 0 | 0 | 0 | 8 | | Colorado | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 3 | 0 | 0 | 0 | 0 | 5 | | Florida | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2022 | 3 | 2 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 2 | 0 | 0 | 0 | 0 | 7 | | Georgia | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | | Idaho | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | Indiana* | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 |
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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 zero outlets reacquired by the franchisor in 2022. This data is reflected in multiple tables that provide a detailed overview of outlet activity across different states and years. Specifically, these tables track the number of outlets at the start and end of each year, as well as any changes due to openings, closures, terminations, non-renewals, and re acquisitions by Kidokinetics.
The absence of any re acquisitions in 2022 suggests that no franchise locations were taken back under the direct control of Kidokinetics during that period. This could indicate a stable relationship between Kidokinetics and its franchisees, with no need for the franchisor to intervene and reacquire any struggling or non-compliant locations.
Prospective franchisees should note that while no re acquisitions occurred in 2022, this does not guarantee a similar outcome in future years. Market conditions, franchisee performance, and other factors could influence the need for Kidokinetics to reacquire outlets in the future. It is advisable to discuss the circumstances under which Kidokinetics might reacquire a franchise and what protections are in place for franchisees in such situations.