In which state did Kidokinetics have the most outlets opened in 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's 2024 Franchise Disclosure Document, Texas had the most outlets opened in 2023. Specifically, 18 Kidokinetics outlets were opened in Texas during that year. This brought the total number of outlets in Texas to 28 by the end of 2023.
It's important to note that while Texas led in new openings, other states also saw significant growth. For example, California opened 8 outlets, and both Massachusetts and New Jersey opened 6 outlets each in 2023. Ohio and Oklahoma each opened 5 outlets during the same period.
This information is valuable for prospective Kidokinetics franchisees as it highlights the states where the franchise is experiencing growth. Understanding these trends can help franchisees make informed decisions about where to establish their own Kidokinetics business, although past performance is not necessarily indicative of future results.