What was the total number of Best In Class Education Center outlets at the end of 2024?
Best_In_Class_Education_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ling (425) 880-2688, the Federal Trade Commission, and the appropriate state regulatory agencies.
ITEM 20 OUTLETS AND FRANCHISEE INFORMATION
| TABLE 1 - SYSTEM-WIDE OUTLET SUMMARY FOR YEARS 2022 TO 2024 | ||||
|---|---|---|---|---|
| Outlet Type | Year | Net Change | ||
| Franchised | 2022 | 48 | 47 | -1 |
| 2023 | 47 | 44 | -3 | |
| 2024 | 44 | 36 | -8 | |
| Company-Owned | 2022 | 7 | 4 | -3 |
| 2023 | 4 | 2 | -2 | |
| 2024 | 2 | 1 | -1 | |
| Total Outlets | 2022 | 55 | 51 | -4 |
| 2023 | 51 | 46 | -5 | |
| 2024 TABLE 2 - TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2022 TO 2024 State | 46 | 37 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 44–47)
What This Means (2025 FDD)
According to Best In Class Education Center's 2025 Franchise Disclosure Document, the total number of outlets at the end of 2024 was 37. This number includes both franchised and company-owned outlets. The FDD provides a detailed breakdown of outlet activity over the past three years.
Specifically, for franchised outlets, the number decreased from 44 at the start of 2024 to 36 by the end of the year. For company-owned outlets, the number decreased from 2 at the start of 2024 to 1 by the end of the year. This net decrease reflects closures and other changes in outlet status during the year.
Prospective franchisees should pay close attention to these trends, as they provide insight into the stability and growth of the Best In Class Education Center system. Understanding the reasons behind outlet closures and changes is crucial for assessing the risks and opportunities associated with investing in a franchise. Reviewing the complete Item 20 and speaking with current and former franchisees can provide a more comprehensive understanding of these dynamics.