How many Best Brains outlets were operating in Connecticut at the end of 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 was one Best Brains outlet operating in Connecticut at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets per state over the past three years. In 2024, Connecticut had one outlet open, which was a new opening for that year, as there were zero outlets at the start of 2024.
For a prospective franchisee, this indicates a relatively new market presence for Best Brains in Connecticut. This could represent both an opportunity and a risk. The opportunity lies in being among the first to establish the brand in the area, potentially capturing a significant market share. The risk is that the brand's awareness and acceptance in the community may not yet be well-established, requiring more effort in marketing and community engagement.
It is important to note that while there was one operating Best Brains outlet in Connecticut at the end of 2024, there was also one franchise agreement signed for an outlet that was not yet open as of December 31, 2024. This future outlet is planned for Rocky Hill, Connecticut. This suggests that Best Brains is looking to expand its presence in the state, and a new franchisee could benefit from the growing brand recognition as more locations open.