What was the total number of Engineering For Kids outlets at the end of 2023?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Re acquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 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 outlets at the end of 2023 was 0. The table provided indicates that there were 0 outlets at the start of 2023, 0 outlets opened during the year, 0 outlets reacquired from franchisees, 0 outlets closed, and 0 outlets sold to franchisees. This resulted in 0 outlets at the end of 2023.
This data suggests that, at least for the period reflected in this table, there was no growth or activity in terms of outlet numbers for Engineering For Kids. A prospective franchisee should further investigate the reasons behind these figures to understand the dynamics of the franchise system. Understanding why there were no outlets open, closed, or transferred can provide valuable insights into the health and stability of the franchise.
It is important to note that this table provides an overview of outlet activity, but it does not offer specific details about the performance or profitability of individual franchises. A potential franchisee should seek additional information, such as franchisee testimonials or financial performance representations, to gain a more comprehensive understanding of the Engineering For Kids franchise opportunity. This information will help in making an informed decision about investing in the franchise.