How many territories does Affiliate Location #2 operate for Kidokinetics, and since when?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
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- Affiliate Location #1 operates in one large territory in Florida and has done so since October 2000. Affiliate Location #2 operates three territories in Florida and has done so since November 2021.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–54)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, Affiliate Location #2 operates three territories in Florida. This affiliate location has been operating these territories since November 2021.
It is important to note that the financial data presented in the Item 19 tables is disclosed on a per franchisee/affiliate basis and not on a per territory basis. This means that the revenue and expense figures provided are for the combined operation of all territories managed by a single franchisee or affiliate.
Prospective franchisees should consider that Affiliate Locations, such as Affiliate Location #2, do not pay Royalty Fees, Brand Development Fund Contributions, or technology fees, and are not subject to a Local Marketing Requirement, all of which a franchised Kidokinetics business will have to pay. This difference in financial obligations should be taken into account when comparing the performance of Affiliate Locations to that of franchised locations.