How many Kidokinetics outlets terminated in any state during 2021?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlets | Termina- tions | |||||||
|---|---|---|---|---|---|---|---|---|
| at Start | Outlets | Non- | Reacquired | Ceased Opera- | Outlets at End of | |||
| State | Year | of the Year | Opened | Renewals | by Franchisor | tions-Other Reasons | the Year | |
| Texas | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 7 | 0 | 0 | 0 | 0 | 10 | |
| 2023 | 10 | 18 | 0 | 0 | 0 | 0 | 28 | |
| Utah | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Virginia | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 4 | 0 | 0 | 0 | 0 | 6 | |
| Washington | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| Wisconsin | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| Total | 2021 | 7 | 0 | 0 | 0 | 0 | 0 | 7 |
| 2022 | 7 | 29 | 0 | 0 | 0 | 0 | 36 | |
| 2023 | 36 | 89 | 0 | 0 | 0 | 0 | 125 |
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 no terminations of Kidokinetics outlets in any state during 2021. The provided tables in Item 20 detail outlet information, including terminations, non-renewals, and other reasons for ceased operations. Specifically, the tables track the status of outlets from 2021 to 2023, providing a year-by-year breakdown for each state where Kidokinetics has a presence.
For a prospective franchisee, this indicates stability within the Kidokinetics franchise system during 2021. No terminations suggest that franchisees operating during that period continued their business, reflecting positively on the brand's support and business model. This information can be reassuring, as it implies a lower risk of franchise failure, at least for that specific year.
It is important to note that while 2021 saw no terminations, the tables also provide data for subsequent years, which may reveal different trends. A prospective franchisee should analyze the data across all available years to gain a comprehensive understanding of outlet performance and stability within the Kidokinetics system. Additionally, further investigation into the reasons for any terminations or non-renewals in other years would provide valuable insights into potential challenges and risks associated with owning a Kidokinetics franchise.