Were any Engineering For Kids franchises in Florida not renewed in 2022?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
| Number of Transfers | ||||||||
|---|---|---|---|---|---|---|---|---|
| Florida | 2022 2023 2024 | 1 0 0 | ||||||
| Total | 2022 2023 2024 | 1 0 | ||||||
| State | Year | Outlets at Start of Year | Outlets Opened | Termi nations | Non Renewals | Re acquired by Fran chisor | Ceased Operations Other Reasons | Outlets at End of the Year |
| -------------------------------------------------------------------------- | ------ | -------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------ | ----------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------ | ------------------------------------- |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Arizona | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | ||
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Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–52)
What This Means (2025 FDD)
According to Engineering For Kids's 2025 Franchise Disclosure Document, there were no non-renewals of Engineering For Kids franchises in Florida during 2022. The provided table indicates that in 2022, there was one Engineering For Kids outlet operating in Florida at the start of the year, no outlets opened during the year, no terminations, no non-renewals, no re acquisitions by the franchisor, and no ceased operations for other reasons, resulting in one outlet at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and success rate of Engineering For Kids franchises in Florida. Knowing that no franchises were not renewed in 2022 may suggest a positive relationship between the franchisor and franchisees, as well as potentially strong performance of the franchises in that state.
However, it is important to note that this data only reflects a single year. Prospective franchisees should investigate further into the historical performance and renewal rates of Engineering For Kids franchises in Florida and other states over a longer period to gain a more comprehensive understanding. They should also consider speaking with current and former franchisees to gather firsthand accounts of their experiences with the franchise system.