Does Best Brains make any representations about the past financial performance of company-owned outlets?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting Ajay Sunkara at Best Brains, Inc. 135 E. Algonquin Road, Suite B, Arlington Heights, Illinois 60005 (847) 485-0000, the Federal Trade Commission, and the appropriate state regulatory agencies.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD page 35)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, Best Brains does not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. Best Brains also does not authorize its employees or representatives to make any such representations either orally or in writing. However, if a prospective franchisee is purchasing an existing outlet, Best Brains may provide the actual records of that outlet.
This means that prospective franchisees will not receive any specific financial performance data for existing Best Brains company-owned or franchised locations in the standard FDD. This is a common practice among franchisors, as past performance is not necessarily indicative of future results and can vary greatly depending on location, management, and local market conditions.
Best Brains emphasizes that if a potential franchisee receives any financial performance information or projections of future income from other sources, they should report it to Best Brains' management, the Federal Trade Commission, and the appropriate state regulatory agencies. This is to ensure that franchisees are not relying on unauthorized or potentially misleading information when making their investment decision. It is advisable to conduct thorough due diligence, including market research and consulting with financial advisors, to assess the potential financial viability of a Best Brains franchise.