How many Best Brains outlets were operating in Kentucky 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 Kentucky at the end of 2024. The provided table in Item 20 details the number of outlets per state for the years 2022, 2023, and 2024. In 2024, there were 1 outlets at the start of the year, zero outlets opened, and one outlet at the end of the year.
This information is valuable for potential franchisees as it provides insight into the brand's presence and growth (or lack thereof) in specific states. A single outlet in Kentucky might suggest a limited market presence, either due to a lack of demand or a strategic decision by Best Brains to focus on other areas. It could also indicate an opportunity for a new franchisee to establish a stronger foothold in the state.
Prospective franchisees should further investigate the reasons behind the limited number of outlets in Kentucky. Understanding the market dynamics, competition, and Best Brains' strategic plans for the region is crucial for making an informed investment decision. They may want to ask the franchisor about their plans for expansion in Kentucky and what support they offer to franchisees in less developed markets.