What was the total number of Best In Class Education Center outlets at the start of 2024?
Best_In_Class_Education_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | -9 |
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, at the start of 2024, there were a total of 44 franchised outlets. This number is derived from the system-wide outlet summary, which tracks the number of franchised and company-owned outlets over the years. This figure is important for potential franchisees to understand the size and scope of the franchise system they are considering joining.
Specifically, the FDD indicates that the number of franchised Best In Class Education Center outlets decreased from 47 in 2023 to 44 in 2024. This decrease could be due to various factors, such as terminations, non-renewals, or other reasons for ceasing operations. Understanding the reasons behind this decrease is crucial for a prospective franchisee to assess the health and stability of the franchise system.
In addition to franchised outlets, Best In Class Education Center also operates company-owned outlets. The total number of outlets, including both franchised and company-owned, was 46 at the start of 2024. Reviewing the trends in both franchised and company-owned outlets can provide a more comprehensive view of the franchise's overall performance and growth strategy.