factual

Does the Best Brains financial statement for December 31, 2023, show any revenue?

Best_Brains Franchise · 2025 FDD

Answer from 2025 FDD Document

9. Revenue from Operations Year Ended December 31, 2023 Year Ended December 31, 2022

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)

What This Means (2025 FDD)

According to the 2025 Best Brains FDD, the financial statement for the year ending December 31, 2023, includes revenue from operations. The excerpt from Item 21 includes a table comparing revenue from operations for the years ending December 31, 2023, and December 31, 2022. This indicates that Best Brains had revenue during the specified period.

Prospective franchisees should carefully examine the full audited financial statements in Exhibit H of the FDD to understand the specific revenue figures, revenue trends, and any factors that may have influenced Best Brains's financial performance. Understanding the revenue figures can help potential franchisees assess the financial health and stability of the franchisor.

It is important to note that while the excerpt confirms the existence of revenue, it does not provide the actual revenue amount. Franchisees should review the complete financial statements to gain a comprehensive understanding of Best Brains's financial status and consult with a financial advisor to interpret the data in the context of their investment decision.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.