How many Best Brains outlets were open in Virginia at the beginning of 2023?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 2023 | 116 | 7 | 1 | 0 | 0 | 0 | 122 | | | 2024 | 122 | 43 | 0 | 2 | 0 | 1 | 162 | Table No. 4 Status of Company-Owned Outlets* For Years 2022 to 2024
| 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 |
|---|
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains's 2025 Franchise Disclosure Document, there was one Best Brains outlet open in Virginia at the start of 2023. The provided table in Item 20 outlines the number of outlets at the start of each year, outlets opened, reacquired, closed, sold, and the number of outlets at the end of the year for each state.
Specifically, for Virginia, the table shows that at the beginning of 2023, there was one outlet operating. Throughout 2023, no additional outlets were opened, reacquired, closed, or sold, so the year ended with one outlet in operation.
This information is valuable for potential franchisees as it provides insight into the growth and stability of Best Brains in Virginia. It's important to note that while there was one outlet at the beginning and end of 2023, this doesn't reflect the entire history or potential of Best Brains in the state, as seen by the 5 outlets at the end of 2022. Reviewing multiple years of data helps to understand trends and potential opportunities within specific regions.