What was the total number of Engineering For Kids outlets at the end of 2024?
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 2024 was 0. The provided table shows that for the year 2024, the number of outlets at the start of the year was 0, the number of outlets opened was 0, the number of outlets reacquired from franchisees was 0, the number of outlets closed was 0, the number of outlets sold to franchisees was 0, and the number of outlets at the end of the year was 0.
This data indicates that there was no Engineering For Kids franchise activity during 2024, as there were no openings, closures, sales, or re acquisitions of franchises. This could be interpreted in several ways. It may mean that the franchise system is not expanding, or it could reflect a strategic decision to consolidate or restructure the existing franchise network.
A prospective franchisee should further investigate the reasons behind the lack of activity and the overall health and growth prospects of the Engineering For Kids franchise system. Understanding the dynamics of franchise openings, closures, and transfers is crucial for assessing the stability and potential of the franchise investment.