What is the total number of Engineering For Kids non-renewals in 2023?
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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| 2022 | 4 | 0 | 0 | 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 were zero non-renewals in 2023 for the locations listed in the table. The table provides data on outlets that were not renewed for Arizona and California. Specifically, for Arizona in 2023, there were zero non-renewals. Similarly, for California in 2023, the number of non-renewals was also zero.
This information is crucial for potential franchisees as it provides insight into the stability and satisfaction of current franchisees within the Engineering For Kids system. A low number of non-renewals can indicate that franchisees are generally content with their investment and the support provided by the franchisor. Conversely, a high number might suggest underlying issues that prospective franchisees should investigate further.
It's important to note that this data only reflects the specific states listed in the table. The document states that states not listed had no activity during the relevant time frame. A prospective franchisee should inquire about non-renewal rates in other states or regions of interest to gain a more comprehensive understanding of franchisee retention within the Engineering For Kids system.