How many Best Brains outlets ceased operations for other reasons in Iowa during 2024?
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, no Best Brains center in Iowa ceased operations for 'other reasons' during 2024. The provided table in Item 20 outlines outlet data, including openings, terminations, non-renewals, and closures for various reasons.
Specifically, for Iowa in 2024, the table shows 1 outlet at the start of the year, 1 outlet opened, 0 terminations, 1 non-renewal, 0 reacquired by the franchisor, and 0 ceased operations for other reasons. This resulted in 1 outlet at the end of 2024.
This data point is crucial for potential franchisees as it provides insight into the stability and performance of Best Brains centers in Iowa. A history of closures for 'other reasons' might indicate underlying issues with the franchise model or market conditions in that area. However, in this case, the absence of such closures in 2024 could be seen as a positive sign.