How many Best Brains outlets ceased operations for other reasons in Kentucky 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 the 2025 Best Brains Franchise Disclosure Document, in 2024, zero Best Brains outlets in Kentucky ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor. The provided table in Item 20 of the FDD details the changes in outlet numbers across various states.
For a prospective franchisee, this information is valuable in assessing the stability and performance of Best Brains franchises in specific regions. A history of outlets closing for 'other reasons' could signal underlying issues with the business model or market conditions in that area. The absence of such closures in Kentucky for 2024 may be a positive indicator, but it is essential to consider this data in conjunction with other factors such as the number of new openings, terminations, and non-renewals.
It's also important to note that 'other reasons' for closure can be varied, including but not limited to financial difficulties, landlord disputes, or failure to meet brand standards. While the FDD provides this data, it does not elaborate on the specific reasons for closure, so further due diligence is recommended to understand the context behind these figures. Reviewing the performance in Kentucky over several years, and comparing it to other states, will provide a more comprehensive picture of franchise health.