How many Best Brains outlets ceased operations for other reasons in Arkansas during 2022?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
22 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Totals | 2022 | 2 | | | 2023 | 2 | | | 2024 | 6 | Table No. 3 Status of Franchise Outlets For Years 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at the End of the Year |
|---|
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, there were no Best Brains outlets in Arkansas that ceased operations for other reasons during 2022. The provided table in Item 20 details the changes in outlet numbers across various states. For Arkansas in 2022, the table indicates that there were zero outlets at the start of the year, zero outlets opened, and zero outlets that ceased operations for other reasons, resulting in zero outlets at the end of the year.
This data point is important for potential franchisees as it provides insight into the stability and performance of Best Brains franchises in specific geographic areas. A high number of closures for 'other reasons' might warrant further investigation into the factors causing these closures. However, in the case of Arkansas, the absence of any such closures in 2022 could be seen as a neutral or slightly positive indicator, especially when considered alongside the opening of an outlet in 2024.
Prospective franchisees should consider this information in conjunction with other data provided in Item 20, such as terminations, non-renewals, and transfers, to gain a comprehensive understanding of the franchise network's dynamics. Additionally, it would be beneficial to speak with current and former franchisees in Arkansas (if any) to gather firsthand insights into their experiences and the factors influencing their business operations.