How many Best Brains outlets were operating in Iowa at the start of 2023?
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 center operating in Iowa at the beginning of 2023. The table provided in Item 20 includes a breakdown of outlets by state and year, showing the number of outlets at the start and end of each year, as well as any openings, closures, or other changes. For Iowa, the table indicates that there was one outlet at the start of 2022, which remained open through 2023.
This information is valuable for prospective franchisees as it provides insight into the existing market presence of Best Brains in Iowa. Knowing the number of existing outlets can help a potential franchisee assess the level of competition and market saturation in the state. It also gives an indication of the brand's established presence and potential for growth in the region.
It is important to note that while the number of outlets at the start of the year is provided, the table also includes data on outlets opened, terminations, non-renewals, and closures throughout the year. This comprehensive overview allows potential franchisees to understand the dynamics of the Best Brains franchise network in different states and assess the overall health and stability of the franchise system.