How much did the Kidokinetics Dallas location spend on taxes during the 2023 reporting period?

According to Kidokinetics's 2024 Franchise Disclosure Document, the Kidokinetics Dallas location spent $11,204 on taxes during the 2023 reporting period. This figure is part of the disclosed operating expenses for the Dallas location, which also includes other expenses such as advertising and promotion, bank service charges, wages, and franchise fees. The gross sales for the Dallas location during this period were $722,755. The tax expense accounted for 1.6% of the location's gross sales.

It is important to note that the disclosed operating expenses do not represent all the expenses a franchisee might incur. The FDD explicitly states that these expenses do not include all operating expenses or costs of goods and/or services provided. Additionally, the disclosed operating expenses do not include the payroll wages of the owners and managers, although the payroll taxes paid in connection with their payroll are included.

Prospective franchisees should be aware that the financial performance of the Dallas location may not be representative of other locations due to factors such as territory size and operating under a prior form of franchise agreement. The Dallas location operates in a combined three-territory location and operates under a prior form of Franchise Agreement with alternative fee structures. Therefore, it's crucial for potential franchisees to conduct their own independent investigation of costs and expenses to determine potential profitability.