How many Best Brains franchises in Wisconsin were transferred in 2023?
Best_Brains Franchise · 2025 FDDAnswer 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 Wisconsin during 2023. This information is based on the table summarizing transfers of outlets from franchisees to new owners.
For a prospective franchisee, a low number of transfers could indicate stability within the Best Brains franchise system. However, it is important to investigate the reasons behind any franchise transfers. Transfers can occur for various reasons, such as the franchisee retiring, selling the business, or failing to meet performance standards.
Understanding the reasons behind franchise transfers can provide valuable insights into the health and stability of the Best Brains franchise system in specific regions. A high number of transfers might suggest underlying issues that prospective franchisees should be aware of before investing.