How many Best Brains outlets in Illinois were sold to franchisees in 2022?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 4 | 0 | 0 | 0 | 3 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, three outlets in Illinois were sold to franchisees during 2022. At the start of 2022, there were four Best Brains outlets in Illinois. After the sale of the three outlets to franchisees, the year concluded with only one outlet remaining.
This information is valuable for prospective franchisees as it provides insight into the transfer of ownership within the Best Brains franchise system in Illinois. Understanding the rate at which existing outlets are sold to new franchisees can help potential investors assess the stability and desirability of owning a Best Brains franchise in that specific market.
Reviewing these trends over multiple years, as presented in the FDD, can further clarify whether the sales in 2022 were an anomaly or part of a consistent pattern. This information, combined with details about the financial performance and reasons for transfer, can offer a more comprehensive understanding of the franchise's operational dynamics.