How many Company-Owned Creative World School outlets were operating at the start of 2022?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 22 | 24 | +2 | |
| Franchised | 2023 | 24 | 23 | -1 |
| 2024 | 23 | 24 | +1 | |
| 2022 | 7 | 5 | -2 | |
| Company-Owned(1) | 2023 | 5 | 5 | 0 |
| 2024 | 5 | 5 | 0 | |
| 2022 | 29 | 29 | 0 | |
| Total Outlets | 2023 | 29 | 28 | -1 |
| 2024 | 28 | 29 | +1 |
(1) All "Company-Owned" Schools are owned by some or all of our shareholders, officers and directors. We do not operate any of the Schools.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–80)
What This Means (2025 FDD)
According to Creative World School's 2025 Franchise Disclosure Document, at the start of 2022, there were 7 Company-Owned outlets. The document also clarifies that these "Company-Owned" schools are actually owned by some or all of their shareholders, officers, and directors, but Creative World School itself does not operate them.
This distinction is important for potential franchisees to understand. While these outlets are classified as "Company-Owned" for reporting purposes, they are not run directly by the Creative World School corporate entity. This may impact the type of support and competition a new franchisee might expect compared to a system where the franchisor directly manages a significant number of outlets.
The FDD provides a snapshot of the number of company-owned and franchised outlets over the past three years, including the net change in outlets. Reviewing these figures can help a prospective franchisee understand the growth and stability of the Creative World School system. It is also important to note that while there were 7 company-owned locations at the start of 2022, that number decreased to 5 by the end of the year.