How many Best Brains outlets opened in Illinois 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 |
|---|---|---|---|---|---|---|---|---|
| Ari |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, one Best Brains center opened in Illinois during 2024. The FDD also indicates that the number of outlets in Illinois at the start of 2024 was 15, and by the end of the year, it was 16.
This information is valuable for potential franchisees as it provides insight into the brand's growth and presence in Illinois. Knowing the number of new centers that opened can help assess the market's potential and the brand's acceptance in the state. It's also important to note that there were no terminations, non-renewals, or re acquisitions by the franchisor in 2024.
Prospective franchisees should consider this data in conjunction with other factors, such as the number of transfers and the overall financial performance of Best Brains centers in Illinois, to gain a comprehensive understanding of the franchise opportunity. Further research into the specific locations of these centers and their performance could also be beneficial.