What was the total number of Engineering For Kids outlet 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' 2025 Franchise Disclosure Document, there were zero outlet transfers in 2023. The provided table includes data on the number of transfers for Florida, with zero transfers recorded for the year 2023. The table also provides total transfer numbers, which also indicates zero transfers in 2023.
This information is relevant for prospective franchisees as it provides insight into the stability of the franchise network. A high number of transfers could indicate issues with franchisee profitability or satisfaction, while a low number, as seen here, may suggest a more stable and content franchise system.
It is important to note that this data only reflects transfers within the state of Florida. However, the total number of transfers also shows zero for 2023, suggesting that there were no transfers in any state during that year. Prospective franchisees should consider this information in conjunction with other data in the FDD, such as terminations and non-renewals, to get a comprehensive understanding of franchisee turnover.