How many territories does the North Carolina Kidokinetics location operate in?
Kidokinetics Franchise · 2024 FDDAnswer 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's 2024 Franchise Disclosure Document, the North Carolina location operates in a single territory within North Carolina. This is explicitly stated in the notes to tables that provide financial performance representations for specific Kidokinetics locations. Unlike the Dallas and NW Broward locations, which operate in three territories each, the North Carolina location's financial data reflects performance within just one territory.
For a prospective franchisee, this information is relevant because it provides a clear understanding of the scale of operations for the North Carolina location. The financial performance data associated with this location should be interpreted in the context of a single-territory operation. This contrasts with the Dallas and NW Broward locations, where the reported financial results are a combination of multiple territories, potentially leading to higher gross sales and net operating income.
It's important to note that the North Carolina location, along with the Dallas and NW Broward locations, operates under a prior form of franchise agreement. This means they have a different fee structure, including a reduced royalty fee and no Brand Development Fund Contribution or technology fees. This unique arrangement should be considered when comparing the financial performance of these locations to those operating under the current franchise agreement.