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How many territories does the Kidokinetics Dallas Location operate in?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

The Dallas Location operates in a combined three-territory location in Texas and reports operating results on a combined basis.

    1. Franchisees may operate in up to four territories. We allow franchisees who have purchased a Multi-Franchise to provide combined financial information to us. We do not collect or require franchisees to provide us with separate numbers for each Kidokinetics Business they operate. Because the figures above for the Dallas Location and NW Broward Location include aggregate totals for multiple Kidokinetics Businesses, these figures may include significantly higher Gross Sales and Net Operating Income than a franchisee would generate operating a single territory. A breakdown of these numbers by each Kidokinetics Business would result in significantly lower numbers.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–54)

What This Means (2024 FDD)

According to Kidokinetics' 2024 Franchise Disclosure Document, the Dallas location operates in a combined three-territory location in Texas. The FDD also states that the Dallas location reports its operating results on a combined basis, meaning the financial data presented reflects the total performance of all three territories together.

This combined reporting is significant for prospective franchisees because Kidokinetics does not collect or require franchisees to provide separate financial numbers for each territory they operate. This makes it difficult to assess the individual performance of each territory within a multi-territory operation. The FDD notes that because the Dallas location includes aggregate totals for multiple Kidokinetics businesses, these figures may include significantly higher Gross Sales and Net Operating Income than a franchisee would generate operating a single territory.

For a potential franchisee, this means the financial performance of the Dallas location, while informative, may not be directly applicable to a single-territory operation. The FDD advises that a breakdown of these numbers by each Kidokinetics Business would result in significantly lower numbers. Therefore, it is crucial for prospective franchisees to understand that the financial success of a multi-territory location like the one in Dallas may not be easily replicable in a single territory.

Furthermore, the FDD mentions that franchisees can operate in up to four territories, and those with a Multi-Franchise can provide combined financial information. This highlights the importance of understanding the scale of operations when reviewing financial performance data. A prospective franchisee should consider these factors and conduct thorough due diligence to understand the potential financial performance of a Kidokinetics franchise in their desired territory size.

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.