table_specific

How many Kidokinetics outlets were sold to a franchisee during 2021?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

State Year Number of Transfers
Totals 2021 0
2022 0
2023 12

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 no outlets sold to a franchisee in 2021.

Specifically, the provided table tracks the number of outlets sold to franchisees from 2021 to 2023. For 2021, the table indicates that zero outlets were sold to franchisees. This means that existing Kidokinetics franchisees did not sell their locations to new franchisees during that year.

This information is valuable for potential franchisees as it provides insight into the stability and transfer activity within the Kidokinetics franchise system. A high number of transfers might indicate franchisees are struggling or exiting the system, while a low number, as in this case, could suggest stability.

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.