How many Kidokinetics outlets were sold to a franchisee during 2021?
Kidokinetics Franchise · 2024 FDDAnswer 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.