What was the total number of Engineering For Kids franchised outlets transferred in 2022?
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' 2025 Franchise Disclosure Document, there was a total of one franchise transferred in 2022. The data specifically mentions that in Florida, one franchise was transferred during that year. The total number of transfers across all states for 2022 was also one.
This information is relevant for prospective franchisees as it provides insight into the resale activity within the Engineering For Kids franchise system. A low number of transfers could indicate stability within the franchise network, or it could suggest a limited market for reselling franchises.
It is important to note that the provided data only specifies the number of transfers in Florida. A potential franchisee might want to inquire whether this transfer was successful and why there were no transfers in 2023 and 2024. Understanding the reasons behind franchise transfers can help a prospective franchisee assess the risks and opportunities associated with investing in an Engineering For Kids franchise.