Were any Engineering For Kids franchises in Florida terminated 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' 2025 Franchise Disclosure Document, there were no terminations of franchises in Florida during 2022. The provided table in Item 20 includes data on outlets at the start of the year, outlets opened, terminations, non-renewals, reacquisitions by the franchisor, ceased operations for other reasons, and outlets at the end of the year.
Specifically, for Florida in 2022, there were 2 outlets at the start of the year, zero outlets opened, zero terminations, zero non-renewals, zero reacquisitions by the franchisor, and zero ceased operations for other reasons. This resulted in 1 outlet at the end of the year.
This information is valuable for potential Engineering For Kids franchisees as it provides insight into the stability and performance of existing franchises. A lack of terminations can be seen as a positive indicator, suggesting that franchisees are generally successful and satisfied with their businesses. However, it is important to consider this data in conjunction with other factors, such as the number of transfers and overall growth of the franchise system, to gain a comprehensive understanding of the franchise's health.