What is the low estimate for the lease security deposit for a Best Brains Premium Learning Center?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Estimated Amount | Method of Payment | When Due | To Whom Payment is to be Made | |
|---|---|---|---|---|---|
| Low | High | ||||
| Initial Franchise Fee (Note 1) | $14,500 | $14,500 | Check or electronic transfer | Upon signing the Franchise Agreement | Us |
| Training Fee (Note 2) | $3,500 | $3,500 | Check or electronic transfer | Upon signing the Franchise Agreement | Us |
| Initial Inventory & Equipment (Note 3) | $1,000 | $10,600 | Check or electronic transfer | Upon receipt | Us |
| Transportation and Living Expenses During Training (Note 4) | $550 | $2,000 | As arranged | Before opening | Airlines, hotels and restaurants |
| Lease Security | $1,500 | $6,000 | As arranged | Before | Landlord |
| Deposit (Note 5) | opening | ||||
| Utility Security | $0 | $500 | As arranged | Before | Utilities |
| Deposits (Note 6) | opening | ||||
| First Month’s Rent | $1,500 | $7,000 | As arranged | Before | Landlord |
| (Note 7) | opening | ||||
| Leasehold Improvements (Note 8) | $3,500 | $50,000 | As arranged | Before opening | Other suppliers |
| Signage (Note 9) | $500 | $6,000 | As arranged | Before opening | Other suppliers |
| Furniture and | $5,000 | $8,000 | As arranged | Before | Other suppliers |
| Fixtures (Note 10) | opening | ||||
| Office Equipment and Supplies (Note 11) | $500 | $1,000 | As arranged | Before opening | Other suppliers |
| Business Licenses | $200 | $500 | As arranged | Before | Other suppliers |
| and Permits (Note 12) | opening | ||||
| Professional Fees | $0 | $1,000 | As arranged | Before | Other suppliers |
| (Note 13) | opening | ||||
| Business Insurance | $100 | $200 | As arranged | Before | Other supplier |
| (Note 14) | opening | ||||
| Grand Opening | $14,000 | $14,000 | As arranged | Before | Other suppliers |
| Advertising (Note 15) | opening | ||||
| Grand Opening Representative Fee (Note 16) | $3,500 | $3,500 | As arranged | Before opening | Us |
| Additional Funds for | $0 | 6,000 | As arranged | As incurred | Third parties |
| First 3 Months (Note | |||||
| 17) | |||||
| TOTAL (Note 18) | $49,850 | $134,300 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–19)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the estimated initial investment for a Premium Learning Center includes a lease security deposit. The low estimate for this deposit is $1,500. This deposit is paid to the landlord before opening the Best Brains center, and the method of payment is arranged between the franchisee and the landlord.
The lease security deposit is a cost franchisees should anticipate as part of their initial investment. It's important to note that real estate costs, including security deposits, can vary significantly depending on the location of the center. Franchisees should research local market rates to get a more accurate estimate for their specific area.
Prospective Best Brains franchisees should carefully consider these figures and factor them into their overall budget. It is also important to note that this amount may or may not be refundable depending on the policies of the landlord.