How many Best Brains outlets opened in New Jersey 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, there were two outlets opened in New Jersey 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. This information is useful for potential franchisees to understand the growth and changes in the number of Best Brains centers in specific locations.
Specifically, the table shows that New Jersey had two outlets at the start of 2024 and ended the year with four outlets. There were no terminations, non-renewals, re acquisitions by the franchisor or ceased operations for other reasons. This indicates a net increase of two outlets due to new openings.
Understanding the number of outlets opened, closed, or transferred in a specific state can help a prospective franchisee assess the brand's performance and stability in that region. It is important to note that past performance does not guarantee future results, but this data provides valuable insights into the brand's growth trajectory and market dynamics. Reviewing this information in conjunction with other factors, such as local demographics and competition, can aid in making an informed decision about investing in a Best Brains franchise.