factual

What does the term "Enrichment Monthly Subscription" refer to regarding Kidokinetics franchises?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

    1. "Enrichment Monthly Subscription" refers to the low to high range of monthly subscription fees charged to attendees that subscribe to weekly class. These courses are typically 30 45 minutes per class and the subscription includes one class per week during each monthly billing period.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–54)

What This Means (2024 FDD)

According to Kidokinetics's 2024 Franchise Disclosure Document, the term "Enrichment Monthly Subscription" refers to the monthly subscription fees charged to customers who attend weekly classes. These classes typically last between 30 and 45 minutes, and the subscription covers one class per week for each monthly billing cycle.

Table 3 in Item 19 of the FDD provides data on various gross sales metrics reported by Kidokinetics franchisees in 2023 for specific services. This data includes information from all franchise locations that operated during 2023 and reflects the gross sales reported by these locations during that calendar year. The table lists the gross sales range for Enrichment Monthly Subscriptions as $59 to $112.

Prospective franchisees should note that these figures represent the gross sales range for this specific service and do not reflect the overall financial performance of a Kidokinetics franchise. The FDD explicitly states that individual results may vary, and there is no guarantee that a franchisee will achieve the same level of sales. It is essential for potential franchisees to conduct their own due diligence and consider various factors, such as location, market conditions, and operating expenses, to estimate their potential earnings.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.