How many territories can Kidokinetics franchisees operate in?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
-
- 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's 2024 Franchise Disclosure Document, franchisees have the opportunity to operate in up to four territories. The FDD mentions that Kidokinetics allows franchisees who have purchased a Multi-Franchise to provide combined financial information. Kidokinetics does not collect separate financial data for each Kidokinetics business operated by a franchisee. The FDD notes that some locations, like the Dallas and NW Broward locations, operate in combined three-territory locations and report their results on a combined basis.
This multi-territory operation can lead to significantly higher gross sales and net operating income compared to a single-territory operation. The FDD cautions that a breakdown of these numbers by each Kidokinetics business would likely result in significantly lower figures. This is an important consideration for prospective franchisees evaluating the potential financial performance of multi-territory locations.
It's important to note that Kidokinetics does not assess an additional technology fee or require local marketing for a single franchisee entity operating up to four contiguous territories. This could be a potential cost-saving benefit for franchisees who choose to expand their operations within a limited geographic area. Prospective franchisees should carefully consider the potential benefits and challenges of operating multiple territories, including the increased workload and management responsibilities.