table_specific

How many territories does the Kidokinetics North Carolina Location operate in?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

The North Carolina Location operates in a single territory in North Carolina.

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

What This Means (2024 FDD)

According to Kidokinetics' 2024 Franchise Disclosure Document, the Kidokinetics North Carolina location operates in a single territory within North Carolina. This information is provided as a note to financial performance tables, specifically in the context of disclosed operating expenses and franchise-related adjustments for that location.

This detail is relevant for prospective franchisees as it provides insight into the scale of operations for the reported financial data. Unlike the Dallas and NW Broward locations, which operate in three territories each, the North Carolina location's financials reflect a single-territory operation. This distinction is important when comparing financial performance across different locations, as multi-territory operations may generate higher gross sales and net operating income.

It's also important to note that the North Carolina location operates under a prior form of franchise agreement, which includes alternative fee structures such as a reduced royalty fee and no Brand Development Fund Contribution or technology fees. This unique arrangement should be considered when evaluating the financial performance of this location relative to the standard Kidokinetics franchise model.

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.