What was the net change in the total number of Creative World School outlets during 2024?
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 Creative World School's 2025 Franchise Disclosure Document, the net change in the total number of outlets during 2024 was an increase of one location. At the start of 2024, there were 28 total outlets, and by the end of the year, this number had increased to 29.
Specifically, the number of franchised outlets saw a net increase of one, rising from 23 at the beginning of 2024 to 24 by the year's end. Meanwhile, the number of company-owned outlets remained stable at five throughout 2024.
This information is valuable for prospective franchisees as it provides a snapshot of the brand's recent growth and stability. A net increase suggests that the franchise system is expanding, which can be a positive indicator. However, it is important to consider these figures in the context of Creative World School's overall growth strategy and market conditions.