What was the total number of Engineering For Kids franchise transfers in 2023?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Total | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 |
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 zero franchise transfers in 2023. The provided table breaks down the number of transfers by state and year. Specifically, for Florida, the table indicates '0' transfers for the year 2023. The 'Total' row also confirms '0' transfers for 2023.
This information is relevant for prospective franchisees as it provides insight into the stability and desirability of existing Engineering For Kids franchise locations. A high number of transfers could indicate issues with profitability or franchisee satisfaction, while a low number, as in this case, might suggest the opposite.
However, it is important to note that this data only reflects transfers within the state of Florida. The FDD does not provide a comprehensive overview of transfers across all states where Engineering For Kids operates. A prospective franchisee should inquire about transfer activity in other states to gain a more complete understanding of franchise ownership changes within the Engineering For Kids system.