What is the total number of Engineering For Kids outlets opened in 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' 2025 Franchise Disclosure Document, the total number of outlets opened in 2023 was zero. The provided table includes a row for the year 2023, indicating that at the start of the year there were zero outlets, zero outlets were opened, zero outlets were reacquired from a franchisee, zero outlets were closed, zero outlets were sold to a franchisee, and zero outlets at the end of the year.
This data suggests that there was no expansion of Engineering For Kids franchise locations during 2023, at least in terms of new openings, re acquisitions, closures or sales. A prospective franchisee should consider this lack of growth when evaluating the potential of the franchise. It is important to investigate the reasons behind these figures, as they could indicate challenges in the market or strategic decisions made by the franchisor.
It would be prudent for a potential franchisee to discuss these numbers with the franchisor to understand the context and future growth plans for Engineering For Kids. Understanding the reasons behind the lack of new openings in 2023 can provide valuable insight into the stability and potential of the franchise system.