Does the Best Brains FDD include Receipts as an exhibit?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
I have received a disclosure document dated May 27, 2025 that included the following Exhibits:
Exhibit A State Administrators and Agents for Service of Process
Exhibit B Franchise Agreement
Schedule 1-Franchise Location
Schedule 2-Lease Rider
Schedule 3-ACH Authorization Form
Schedule 4-Initial Inventory Agreement
Schedule 5-State Law Addenda to the Franchise Agreement
Exhibit C Promissory Notes Exhibit D Option Agreement Exhibit E List of Franchisees
Exhibit F List of Former Franchisees
Exhibit G Release
Exhibit H Financial Statements
Exhibit I State Addenda to the Disclosure Document
Exhibit J State Effective Dates
Exhibit K Receipts
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, Exhibit K is entitled Receipts. This exhibit is listed among other exhibits such as State Administrators and Agents for Service of Process (Exhibit A), Franchise Agreement (Exhibit B), Promissory Notes (Exhibit C), Option Agreement (Exhibit D), List of Franchisees (Exhibit E), List of Former Franchisees (Exhibit F), Release (Exhibit G), Financial Statements (Exhibit H), State Addenda to the Disclosure Document (Exhibit I) and State Effective Dates (Exhibit J). Prospective franchisees should carefully review Exhibit K to understand its contents and implications.