How many Creative World School outlets were reacquired from franchisees in 2023?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Florida | 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 6 | 0 | 0 | 2 | 0 | 4 | |
| Missouri | 2023 | 6 | 0 | 0 | 0 | 0 | 4 |
| 2024 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2022 | 7 | 0 | 0 | 2 | 0 | 5 | |
| Total (1) | 2023 | 5 | 0 | 0 | 0 | 0 | 5 |
| 2024 | 5 | 0 | 0 | 0 | 0 | 5 |
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, there were zero outlets reacquired from franchisees in 2023. This data is reflected in the table summarizing outlet changes over the past three years. Specifically, for the years ending December 31, 2022, 2023, and 2024, the column 'Outlets Reacquired from Franchisee' shows a consistent '0' for each year across different states like Florida and Missouri, as well as in the total.
This indicates that Creative World School did not buy back any franchised locations during this period. For a potential franchisee, this could suggest stability in the franchise network, as reacquisitions can sometimes signal underlying issues within the franchise system. However, it is essential to consider this information in conjunction with other factors, such as the number of outlets opened, closed, or sold to other franchisees, to get a comprehensive understanding of the franchise's health and growth.
It is also important to note that while no outlets were reacquired, other changes in outlet status did occur. For instance, the number of franchised outlets decreased by one in 2023, as the 'Net Change' column shows '-1'. This decrease could be due to closures, non-renewals, or other reasons, which are detailed elsewhere in the FDD. Therefore, a prospective franchisee should review the complete Item 20 data to understand the dynamics of outlet changes within the Creative World School system.