How many Best Brains franchise agreements have been signed in Washington, but the outlet is not yet open?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year | |---|---|---|---|---|---|---|---| | Illinois | 2022 | 4 | 0 | 0 | 0 | 3 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 1 | | Virginia | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 1 | | Totals | 2022 | 5 | 0 | 0 | 0 | 3 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 2 | *Includes learning centers owned and operated by principals of the franchisor.
Table No. 5 Projected Openings as of December 31, 2024
| State | Franchise Agreements Signed But Outlet Not Open | Projected New Franchise
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, as of December 31, 2024, there were two franchise agreements signed in Washington for which the outlets were not yet open. This information is based on the table provided in Item 20, which summarizes the number of franchise agreements signed but not yet open across various states.
This means that two Best Brains franchisees in Washington have signed their franchise agreements and are in the process of establishing their learning centers. This could involve site selection, build-out, hiring staff, and other pre-opening activities. The FDD also indicates that Best Brains projects opening two new franchised outlets in Washington during the next fiscal year.
For a prospective franchisee, this information provides insight into the current stage of development of the Best Brains franchise network in Washington. It suggests that there is some existing interest and investment in the state, but also room for further growth. It would be prudent for a potential franchisee to inquire about the locations of these unopened centers and the expected timelines for their openings to assess the competitive landscape and market potential in their desired area.