What was the distribution amount for Best Brains in 2024?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
ed franchise revenue liability of $ 136,168.01 and $ 162,151.40 was recognized in 2023 & 2022 respectivel
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, information regarding shareholder distributions for the year 2024 is not explicitly provided. The document includes details about shareholder drawings for the year 2023, which amounted to $64,700, but it does not specify any distribution amounts for 2024.
Item 21 includes audited financial statements for the fiscal years ending December 31, 2024, 2023, and 2022. While these statements would typically contain information on shareholder distributions, the excerpt provided does not highlight a specific figure for 2024 distributions. Instead, it focuses on related party transactions, loans, and other financial activities.
A prospective Best Brains franchisee should inquire directly with the franchisor about the shareholder distribution amounts for 2024 to gain a clearer understanding of the company's financial practices. Understanding these figures can help potential franchisees assess the financial health and stability of Best Brains.