What was the total number of Kidokinetics outlets opened in 2022 across all states?
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, a total of 29 franchised outlets and 2 company-owned outlets were opened in 2022, for a total of 31 new Kidokinetics outlets. At the start of 2022, there were 7 franchised and 4 company-owned Kidokinetics outlets. By the end of 2022, the number of franchised outlets increased to 36 and company-owned outlets increased to 6.
Specifically, the data shows significant growth in franchised locations during 2022. This increase in outlets suggests a period of expansion for the Kidokinetics franchise system. A prospective franchisee should consider this growth trajectory as a positive indicator of brand momentum.
It's important to note that these figures represent the total number of outlets opened system-wide, including both franchised and company-owned locations. The success and performance of individual Kidokinetics outlets can vary based on factors such as location, local market conditions, and the franchisee's management capabilities.