How frequently can Best Brains increase fees?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
- N. Fee Increase. Notwithstanding anything to the contrary contained in this Agreement, all specified fees, contributions and dollar amounts referred to in this Agreement may be increased from time to time by the Company, but in no event more than once during any fiscal year of Company, to reflect increases in the Metropolitan Area Consumer Price Index for Urban Consumers - All Items (1982- 1984 = 100) ("Consumer Price Index") from the date of this Agreement, as published by the U.S. Department of Labor, or in a successor index. Any initial increase will be based solely on any increase of the Consumer Price Index from and after July 1, 2011 and any such increase will be uniform as to all BEST BRAINS learning center franchisees.
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, Best Brains may increase the specified fees, contributions, and dollar amounts mentioned in the agreement. However, these increases can occur no more than once during any fiscal year of the company.
The increase is tied to the Metropolitan Area Consumer Price Index for Urban Consumers - All Items (1982-1984 = 100), as published by the U.S. Department of Labor, or a successor index. This means that fee increases are linked to inflation and the cost of living in urban areas.
The initial increase will be based solely on any increase of the Consumer Price Index from and after July 1, 2011, and any such increase will be uniform for all Best Brains franchisees. This ensures that all franchisees are subject to the same fee adjustments based on the Consumer Price Index.