Kidokinetics is a business offering physical fitness programs for young children, introducing them to sports and various activities. The franchise provides a fun and educational environment for children to develop motor skills and stay active.
Key Insights
- Kidokinetics emerged when founders recognized significant opportunities to transform traditional service delivery methods within their market, developing innovative approaches that addressed specific customer pain points and established new standards for quality and reliability in the industry.
- Membership services include progress tracking, goal setting, and achievement recognition systems that help maintain motivation and accountability while providing members with measurable feedback about their fitness journey and encouraging continued participation and improvement.
- Industry trends favor businesses that can adapt quickly to changing regulations, customer preferences, and market conditions while maintaining quality standards, creating competitive advantages for organizations that invest in training, technology, and customer-focused service approaches.
Franchise Fee and Costs to Open
Exploring the financial picture of Kidokinetics gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $110,500 - $144,700, along with a franchise fee of $60,000 - $60,000.
Financial Performance and Revenue
Yearly gross sales of $247,549 and estimated earnings of $34,657 - $44,559 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 3.7-5.7 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Kidokinetics provides comprehensive training for new franchisees. Initial training, a three-day program, occurs at Kidokinetics headquarters. The franchisor offers a detailed operations manual and ongoing support. Resources include marketing materials and a curriculum guide. Kidokinetics recommends utilizing established operational frameworks for a smooth launch.
Legal Considerations
Legal considerations for a Kidokinetics franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter challenges related to establishing a strong presence within a local market, navigating the complexities of scheduling and program delivery, and securing reliable access to specialized equipment and training materials. Understanding these operational considerations is key to building a sustainable business.
Franchise Datasheet
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