How many Best Brains outlets ceased operations for other reasons in Indiana during 2023?
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 Best Brains' 2025 Franchise Disclosure Document, there were no Best Brains centers in Indiana that ceased operations for other reasons during 2023. The provided table in Item 20 outlines the number of outlets that ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor.
Specifically, the table provides a breakdown of outlet activity by state and year, including the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and outlets at the end of the year. For Indiana in 2023, the table indicates that there were zero outlets that ceased operations for other reasons.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Best Brains franchises in different states. A low number of closures for 'other reasons' may indicate a healthy franchise system with strong support and operational practices. However, prospective franchisees should also consider other factors, such as terminations and non-renewals, to get a comprehensive understanding of franchise performance.