How many Best Brains outlets opened 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, one outlet opened in Iowa during 2024. The table provided in Item 20 of the FDD details the changes in the number of outlets for each state over the past three years. Specifically, for Iowa in 2024, the table shows 1 outlet opening.
This information is valuable for prospective franchisees as it provides insight into the growth and expansion of Best Brains in different regions. The data helps potential franchisees understand the current market presence and the rate of new outlet openings in a specific state. This can inform their decision-making process regarding location and market potential.
It's important to note that while one outlet opened in Iowa during 2024, the table also indicates that one outlet ceased operations due to non-renewal. This means that while there was expansion, there was also some attrition. The net effect was that the number of Best Brains locations remained at one at the end of 2024.
Overall, this data point is a small but important piece of information for anyone considering investing in a Best Brains franchise in Iowa or a similar market. It provides a snapshot of recent activity and can prompt further investigation into the factors driving both growth and closures in the region.