ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Creative Learning Corporation (OTCQX:CLCN), owner and developer of Bricks 4 Kidz,® Challenge Island®, and Sew Fun Studios® the highly-popular children’s education and enrichment programs, is pleased to announce it awarded its 728th franchise, located in Bozeman, MT (Bricks 4 Kidz franchise). This benchmark includes the international subfranchises that have been awarded by the Company’s master franchisees. Of the now 728 franchises awarded, 697 are active and operating.
Brian Pappas, CEO of Creative Learning Corporation stated, “We continue our strong performance in marketing Bricks 4 Kidz and Challenge Island franchises and are proud of our low attrition rate. We look forward to continuing this level of performance throughout the rest of the year and expect the same performance from Sew Fun Studios as we currently have quite a few prospective franchisees in the pipeline and expect to award 4-6 franchises this month.”
About Creative Learning Corporation
Creative Learning Corporation, operating under the trade names of Bricks 4 Kidz® , Challenge Island® and Sew Fun Studios® offers educational and enrichment programs to children ages 3-12+. Through a unique franchise business model that includes a proprietary curriculum and marketing strategies, plus a proprietary Franchise Marketing Tool (FMT), the Company provides a wide variety of programs designed to enhance students’ problem solving and critical thinking skills. Creative Learning Corp is now operating in 38 countries.
SAFE HARBOR STATEMENT: This press release may contain “forward-looking statements” that are made pursuant to the “safe harbor” provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including “anticipates,” “believes,” “intends,” “estimates,” and similar expressions. These statements are based upon management’s current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company’s future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company’s financial results is included in the Company’s filings with the SEC.