As of what date is the list of current Best Brains franchisees in the FDD current?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
1 | 0 | | Pennsylvania | 0 | 1 | 0 | | South Carolina | 0 | 2 | 0 | | Texas | 7 | 5 | 0 | |---|---|---|---| | Washington | 2 | 2 | 0 | | TOTALS | 18 | 34 | 0 | Exhibit E contains a list of the names of all of our operating franchisees and the addresses and telephone numbers of their Franchised Businesses as of the end of our last fiscal year.
Exhibit F contains a list of franchisees who had an outlet terminated, cancelled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under a Franchise Agreement during the most recently completed fiscal year, or who has not communicated with us within ten weeks of the issuance of this disclosure document. If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
During the last three fiscal years, we have not signed any confidentiality clauses with current or former franchisees which would restrict them from speaking openly with you about their experience with us.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the list of current franchisees, including their addresses and telephone numbers, is current as of December 31, 2024. This information is provided in Exhibit E of the FDD, which specifically lists all operating franchisees.
For a prospective franchisee, this date is important because it provides a snapshot of the Best Brains franchise network at the end of the company's last fiscal year. This allows potential franchisees to see who is currently operating a Best Brains center and where they are located.
It is also noted that Exhibit F contains a list of franchisees who have exited the system, either voluntarily or involuntarily, or who have not communicated with Best Brains within ten weeks of the FDD issuance date. This provides further context to the current state of the franchise system as of December 31, 2024. Additionally, the FDD states that there were franchise agreements signed for outlets that were not yet open as of December 31, 2024.