Kidokinetics Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$110,500 - $144,700
Franchise Fee
$33,250
Min Cash Required
$25,000
Total US Locations
130
Business Summary
Kidokinetics businesses provide physical fitness programs for young children, introducing them to various sports and related physical activities. This is a mobile business, delivering sports fitness programs to children at different locations such as schools, parks, community centers, summer camps, hotels, gyms, and health centers within a specific territory. Kidokinetics focuses on children aged 18 months and older, including those with varying mental or physical abilities.
Corporate History
Kidokinetics Franchise LLC was initially formed as Kidokinetics Franchise Corp. on July 29, 2005, in Florida, and later converted into a Florida limited liability company on March 9, 2021. Kidokinetics Franchise LLC began offering franchises for Kidokinetics Businesses in September 2006. The company has affiliates that own and operate Kidokinetics Businesses; for example, Kidokinetics, Inc. has operated a business in Weston, Florida since October 2000, and Tampa Kidos LLC has operated three businesses in Tampa, Florida since November 2021. Another former affiliate, Kidolympics LLC, operated businesses in Georgia starting in January 2022, and KidoHQ LLC began operating two businesses in Miami, Florida in 2024.
Financial Overview
Investment Range
$110,500 - $144,700
Franchise Fee (Low)
$33,250
Franchise Fee (High)
$60,000
Minimum Cash Required
$25,000
Royalty %
8%
Marketing %
2%
Equipment Costs (Low)
$1,500
Equipment Costs (High)
$4,000
Working Capital
$35,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Going concern qualification
Financial Health Notes
Kidokinetics Franchise LLC's financial condition, as detailed in its financial statements, raises substantial doubt about its ability to continue as a going concern. The company incurred a net loss of $1,554,800 during the year ended December 31, 2023, and reported an accumulated deficit of $2,382,900 as of the same date. This situation indicates financial challenges for Kidokinetics Franchise LLC in providing ongoing services and support.
Financing Details
Kidokinetics Franchise LLC does not offer any direct or indirect financing options to its franchisees. Franchisees are responsible for securing their own financing and the franchisor does not guarantee any leases or other financial obligations for them.
Performance Metrics
Total US Locations
130
Franchised Units
121
Corporate Units
9
Franchising Since
2006
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Kidokinetics Franchise LLC has no litigation to report. The company has not been involved in any lawsuits, arbitrations, or other legal proceedings that are required to be disclosed in this Franchise Disclosure Document.
Bankruptcy History
Kidokinetics Franchise LLC has no bankruptcy history to report. No bankruptcy information concerning Kidokinetics Franchise LLC or its principal officers is required to be disclosed in this Franchise Disclosure Document.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their Kidokinetics Franchise Agreement, franchisees must provide written notice to Kidokinetics Franchise LLC between 90 days and nine months before the current term ends. They must ensure all required equipment, hardware, and software are updated to meet the franchisor's current standards. Franchisees must be in full compliance with their franchise agreement and all other agreements with the franchisor or its affiliates, and have no outstanding monetary obligations. They will need to sign the franchisor's then-current franchise agreement, which may have materially different terms, and meet any new training or qualification requirements, including completing additional training. Finally, franchisees and their principals must sign a general release of all claims against the franchisor and its affiliates, and pay a renewal fee of $7,500.
Training & Support Program
Franchisor Assistance
Before opening, Kidokinetics Franchise LLC designates the franchisee's territory and provides an initial training program for the owner or manager, covering business, administrative, sales, marketing, and operational aspects. The franchisor loans a copy of its confidential operations manual and provides written specifications for equipment, tools, and vehicles, along with a list of approved suppliers. Kidokinetics Franchise LLC also provides an initial marketing package for a fee. For the first business, this includes two days of in-person business coaching and training services. Once the business is operational, the franchisor offers advice based on reports or inspections, and may offer mandatory or optional additional training programs and national business meetings, for which franchisees pay fees and expenses. Kidokinetics Franchise LLC also provides samples of advertising materials, conducts inspections, and approves franchisee advertising. The franchisor maintains a website with a dedicated page for each franchisee and provides access to its proprietary KIDOLINK software.
Initial Training Hours
49
Training Location
Davie, Florida and Virtual
Ongoing Support
After opening, Kidokinetics Franchise LLC provides ongoing advice on business operations based on reports or inspections, which is given during regular business hours via various communication methods. The franchisor may offer mandatory or optional additional training programs, and if required, franchisees must attend for up to 5 days annually at a designated location, paying associated fees and expenses. The franchisor may also schedule national business meetings or conventions, requiring franchisee attendance and payment of a registration fee. Upon request, Kidokinetics Franchise LLC provides individualized assistance within reasonable limits and may offer remedial on-site training for a fee, covering travel expenses. The franchisor also provides samples of advertising materials, conducts inspections to ensure compliance with standards, and approves all franchisee advertising and promotional materials. Kidokinetics Franchise LLC provides updated lists of approved suppliers for equipment, inventory, and supplies, and offers post-opening enhanced business coaching and training services for the first Kidokinetics Business.
Franchise Requirements
Ideal Candidate Profile
Kidokinetics Franchise LLC seeks individuals who are committed to managing and operating their Kidokinetics Business effectively. The ideal candidate, if a natural person, must devote full-time attention and best efforts. If the franchisee is an entity, the majority shareholder or owner must commit a minimum of 20 hours per month, or they may delegate day-to-day operations to an approved Manager. Both the owner (if hands-on) and any designated Manager must successfully complete the franchisor's initial training program and any other required courses. Managers must be full-time, have no competing business interests, and meet the franchisor's current standards for managers.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Hands-On
Territory Type
Protected
Territory Size Requirements
Kidokinetics Franchise LLC grants territories that contain a minimum population of approximately 250,000 persons. The Kidokinetics Business primarily operates as a mobile service, offering sports fitness programs to children at various establishments such as schools, parks, community centers, summer camps, hotels, gyms, and health centers located within the designated territory. Franchisees may choose to operate from a home-based office or, with franchisor approval, rent commercial office space within their territory.
Staffing Notes
Kidokinetics Franchise LLC requires that the franchisee, or an approved Manager, devote full-time attention and best efforts to the management and operation of the business. If a Manager is hired, the owner must still dedicate a minimum of 20 hours per month. The franchisee is responsible for hiring, training, directing, scheduling, and supervising all employees and independent contractors involved in the day-to-day operations. This includes providing any necessary training on the System and brand standards to key employees. Employees are required to wear uniforms conforming to the franchisor's specifications and maintain a neat and clean appearance. The franchisee must also employ the number of staff and offer the services as described in the (not provided) Schedule 1 of the Franchise Agreement.