How many total Kidokinetics outlets were operating at the end of 2022?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised Outlets* | 2021 | 7 | 7 | 0 |
| 2022 | 7 | 36 | +29 | |
| 2023 | 36 | 121 | +85 | |
| Company-Owned** | 2021 | 1 | 4 | +3 |
| 2022 | 4 | 6 | +2 | |
| 2023 | 6 | 9 | +3 | |
| Total Outlets | 2021 | 8 | 11 | +3 |
| 2022 | 11 | 42 | +31 | |
| 2023 | 42 | 130 | +88 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, there were a total of 42 outlets operating at the end of 2022. This number includes both franchised and company-owned outlets. Specifically, there were 36 franchised outlets and 6 company-owned outlets in operation at the end of 2022.
When evaluating this data, a prospective franchisee should consider the growth trajectory. The number of total Kidokinetics outlets increased from 11 at the start of 2022 to 42 by the end of the year, representing a net increase of 31 outlets. This indicates significant expansion during that period. The growth was primarily driven by an increase in franchised outlets, which grew by 29 during 2022, compared to a smaller increase of 2 company-owned locations.
It's important to note that the FDD designates each franchised territory as a separate outlet, even if a single franchisee operates multiple territories. This can be a key consideration when assessing market saturation and potential for growth in different regions. Reviewing the state-by-state outlet information in the FDD can provide further insights into the geographic distribution and performance of Kidokinetics franchises.