table_specific

How many Best Brains outlets ceased operations for other reasons in Illinois during 2024?

Best_Brains Franchise · 2025 FDD

Answer 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
Ari

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 were zero Best Brains outlets in Illinois that ceased operations for other reasons during 2024. The provided table tracks the number of outlets that closed for reasons other than terminations, non-renewals, or reacquisition by the franchisor.

This information is valuable for potential franchisees as it provides insight into the stability and performance of Best Brains franchises in Illinois. A history of closures for 'other reasons' could indicate underlying issues with the business model or market conditions in that state. The absence of such closures in 2024 may be seen as a positive sign.

It's important to note that this data only reflects closures for 'other reasons.' Franchisees should also consider the number of terminations and non-renewals, as these also represent franchise exits. Reviewing these figures in conjunction with the number of new Best Brains outlets opened can provide a more comprehensive understanding of franchise turnover and growth within Illinois.

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.