As of December 31, 2024, how many franchised Best Brains outlets were there in Canada?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Country | When Began Franchising | Entity Offering Franchises in the Country | Number of Franchised Outlets as of December 31, 2024 |
|---|---|---|---|
| Australia | August 2020 | Best Brains of Australia (PTY) LTD | 2 |
| Canada | August 2018 | Best Brains of Canada, Inc | 42 |
| India | January 2020 | Best Brains Education Academy Limited Private | 0 |
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–9)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, there were 42 franchised Best Brains outlets in Canada as of December 31, 2024. Best Brains began franchising in Canada in August 2018 through Best Brains of Canada, Inc.
This information is crucial for potential franchisees as it provides a snapshot of Best Brains's established presence and growth in the Canadian market. A higher number of existing outlets might suggest a more recognized brand and potentially a proven business model within that region. However, it is important to consider the saturation of the market; a high number of outlets in a specific area could also mean increased competition between franchisees.
Prospective franchisees should further investigate the performance of existing Canadian locations, the level of support provided by Best Brains of Canada, Inc., and the specific market dynamics within their target area to assess the viability of opening a new Best Brains franchise in Canada.