How many company-owned Creative World School outlets were there at the end 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 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–80)
What This Means (2025 FDD)
According to the 2025 Creative World School FDD, at the end of 2022, there were 5 company-owned outlets. This number is part of a broader trend detailed in the FDD regarding the status of both franchised and company-owned outlets over the years 2022, 2023, and 2024.
Specifically, the FDD outlines the changes in the number of company-owned Creative World School outlets. Starting with 7 at the beginning of 2022, the number decreased by 2, resulting in 5 company-owned outlets by the end of the year. For prospective franchisees, this data offers insight into the operational structure and the balance between franchised and company-operated locations within the Creative World School system.
It is important to note that the FDD clarifies that these "Company-Owned" schools are owned by shareholders, officers, and directors, but they are not operated by the company itself. This distinction is crucial for potential franchisees to understand the ownership and operational dynamics within the Creative World School franchise model. Understanding the role and performance of company-owned outlets can help franchisees gauge the overall health and strategic direction of the Creative World School franchise system.