What is the total number of Engineering For Kids non-renewals in 2024?
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's 2025 Franchise Disclosure Document, the total number of non-renewals for 2024 was 0 for Arizona. For California the number of non-renewals for 2024 was 4. The document does not provide a total number of non-renewals across all states.
Prospective franchisees should note that non-renewal of a franchise can occur for various reasons, including the franchisee's decision not to continue the agreement or the franchisor's decision based on performance or other factors. Understanding the reasons behind non-renewals can provide valuable insight into the health and stability of the franchise system.
It is important for potential Engineering For Kids franchisees to discuss the reasons for any non-renewals with the franchisor and current franchisees to gain a comprehensive understanding. This information can help in evaluating the risks and opportunities associated with investing in an Engineering For Kids franchise.