How many Best Brains outlets were operating in Maryland 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 were 6 Best Brains outlets operating in Maryland at the start of 2023. This information is based on the provided table that details the status of franchise outlets from 2022 to 2024. The table specifically lists the number of outlets at the start of each year for each state.
For a prospective franchisee, this indicates the existing market presence of Best Brains in Maryland. Knowing the number of existing outlets can help in assessing the level of competition and market saturation in the state. It also provides a baseline for evaluating potential growth opportunities and the demand for Best Brains' services in the region.
It is important to note that while the document provides historical data on outlet openings and closures, it does not guarantee future performance. Factors such as local market conditions, competition, and the franchisee's management skills can all impact the success of a Best Brains franchise. Therefore, prospective franchisees should conduct their own due diligence and market research to assess the viability of a Best Brains franchise in their desired location.