What is the fee for a Best Brains Option Agreement?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
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
Source: Item 5 — INITIAL FEES (FDD page 11)
What This Means (2025 FDD)
I am unable to provide the fee for a Best Brains Option Agreement, according to the 2025 Franchise Disclosure Document. While Exhibit D is listed as the Option Agreement, the document does not specify the associated fee. The FDD does list other fees, such as the Royalty Fee, Grand Opening Representative Fee, and Placement Test Review Fee, but it does not list the fee for the option agreement.
As a prospective franchisee, it's important to understand all costs associated with the franchise. Since the FDD does not specify the fee for the option agreement, you should ask Best Brains directly about this fee and any other costs associated with the agreement.
Understanding the terms of the option agreement, including any fees, is crucial before making a decision about investing in a Best Brains franchise.