At the end of 2024, how many franchised Best Brains outlets were there?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 114 | 116 | +2 |
| 2023 | 116 | 122 | +6 | |
| 2024 | 122 | 162 | +40 | |
| Company- | 2022 | 5 | 2 | -3 |
| Owned* | ||||
| 2023 | 2 | 2 | 0 | |
| 2024 | 2 | 2 | 0 | |
| Total Outlets | 2022 | 119 | 118 | -1 |
| 2023 | 118 | 124 | +6 | |
| 2024 | 124 | 164 | +40 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, there were 162 franchised outlets at the end of 2024. The FDD provides a systemwide outlet summary that details the changes in the number of franchised and company-owned Best Brains centers over the past three years. This information is crucial for potential franchisees to understand the growth and stability of the franchise system.
Specifically, the table shows the number of franchised outlets at the start of 2024 was 122, and the number of franchised outlets at the end of the year was 162, representing a net increase of 40 units. This growth indicates a positive trend in franchise expansion for Best Brains. A prospective franchisee can use this data to assess the brand's growth trajectory and market penetration.
In addition to the total number of franchised outlets, the FDD includes information on the number of company-owned outlets. At the end of 2024, there were 2 company-owned Best Brains outlets. Understanding the mix of franchised versus company-owned locations can provide insights into Best Brains's business model and strategic focus. A higher proportion of franchised units may indicate a greater emphasis on franchisee-led expansion.
Overall, the data presented in Item 20 of the Best Brains FDD offers valuable information for prospective franchisees. By examining the trends in outlet growth, closures, and ownership types, potential investors can gain a more comprehensive understanding of the franchise system's performance and potential risks and opportunities.