What is the location specified for the Best Brains Promissory Note?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
For and in consideration of good and valuable consideration, the undersigned promises to pay to the order of Best Brains, Inc. ["Holder"] at 135 E. Algonquin Road, Suite B, Arlington Heights, Illinois 60005, or at Holder's option, at such other place as may be designated from time to time by Holder, the amount stated above, together with interest at the rate of 0% per annum on the unpaid balance computed from the date provided above, payable as follows:
[insert repayment terms]
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the location specified for payments to Best Brains, Inc. is 135 E. Algonquin Road, Suite B, Arlington Heights, Illinois 60005. The document also states that Best Brains has the option to designate a different location for payments at any time.
This means that if a franchisee has a promissory note with Best Brains, payments should be sent to the Algonquin Road address unless otherwise specified by Best Brains. It is important for franchisees to stay informed of any changes to the payment location to avoid late fees or other penalties.
Franchisees should maintain clear communication with Best Brains regarding any financial obligations and ensure that they are aware of the most current payment instructions. Keeping detailed records of all payments made is also advisable.