table_specific

How many Best Brains franchises in Texas were transferred in 2022?

Best_Brains Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
California 2022 0
2023 0
2024 2
Illinois 2022 1
2023 0
2024 1
Maryland 2022 0
2023 1
2024 1
Minnesota 2022 0
2023 0
2024 1
--- --- ---
Texas 2022 1
2023 0
2024 1
Wisconsin 2022 0
2023 1
2024 0
Totals 2022 2
2023 2
2024 6

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)

What This Means (2025 FDD)

According to Best Brains' 2025 Franchise Disclosure Document, there was one franchise transfer in Texas during 2022. This information is based on Table No. 2, which details the transfers of outlets from franchisees to new owners, excluding transfers to the franchisor or an affiliate. The table provides a state-by-state breakdown of franchise transfers for the years 2022, 2023, and 2024.

For a prospective Best Brains franchisee, this data point provides insight into the stability and desirability of existing franchises within the Texas market. A low number of transfers could indicate that franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a high number of transfers might warrant further investigation into the reasons behind those sales, such as profitability issues or other challenges faced by franchisees in the region.

It's important to note that this transfer data only reflects changes in ownership between franchisees. It does not include instances where the franchisor reacquired a location or where a franchise closed down entirely. Therefore, while the transfer rate is a useful metric, it should be considered alongside other performance indicators, such as outlet openings, terminations, and non-renewals, to gain a comprehensive understanding of franchise activity within the Best Brains system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.