What was the average gross revenue for Creative World School company-owned schools in 2024?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| • The high and low annual Gross Revenues for this category were $2,741,291 and $1,336,074, | |
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| respectively. There were 2, or 40%, of the 5 Company-Owned Schools attained or surpassed the average Gross Revenues in 2024. • The high and low EBITDAR for these Schools in 2024 was $641,765 and $(18,859) respectively. Two, or 40%, of the 5 Company-Owned Schools 12,000 SF or larger attained or surpassed the average EBITDAR (Net Income Before Interest, Taxes, Depreciation, Amortization, and Rent) in calendar year 2024. |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 58–75)
What This Means (2025 FDD)
According to Creative World School's 2025 Franchise Disclosure Document, Item 19 provides financial performance representations for the year ended December 31, 2024. This includes data from 5 company-owned schools with a size of 12,000 square feet or larger that operated for a full 12 months. The FDD indicates the high and low annual gross revenues for this category were $2,741,291 and $1,336,074, respectively.
The document also notes that 40% (2 out of 5) of the company-owned schools attained or surpassed the average gross revenues in 2024. This suggests a wide range of performance among the company-owned schools, with some significantly outperforming others.
It is important to note that these figures do not represent all Creative World School locations, but rather a subset of larger, more established schools. Additionally, the franchisor states that the Gross Revenues information was not audited by independent certified public accountants. The reports are provided to them on the accounting basis derived from the proprietary childcare software and are based on 'billings' for each period regardless of the cash funds put into the bank, and are used to form the basis of royalty payments to them.