For Kidokinetics, in which state did the number of outlets increase the most from the start of 2021 to the end of 2023?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlets | Termina- tions | |||||||
|---|---|---|---|---|---|---|---|---|
| at Start | Outlets | Non- | Reacquired | Ceased Opera- | Outlets at End of | |||
| State | Year | of the Year | Opened | Renewals | by Franchisor | tions-Other Reasons | the Year | |
| Texas | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 7 | 0 | 0 | 0 | 0 | 10 | |
| 2023 | 10 | 18 | 0 | 0 | 0 | 0 | 28 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–59)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, Texas experienced the largest increase in the number of outlets between the start of 2021 and the end of 2023. Specifically, Texas began 2021 with 3 outlets and concluded 2023 with 28 outlets, representing a net increase of 25 outlets.
Other states also saw growth in their number of Kidokinetics outlets during this period. For example, California increased from 0 to 8 outlets, and Ohio increased from 0 to 8 outlets. However, the growth in these states did not match the substantial increase observed in Texas.
This information is valuable for prospective Kidokinetics franchisees as it highlights the states where the franchise system is expanding most rapidly. It could indicate areas with higher demand for Kidokinetics' services or more successful franchise operations. Franchisees may want to consider these growth patterns when deciding where to establish their own Kidokinetics franchise.