How many Best Brains outlets were operating in Michigan at the start of 2023?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 2024 | 1 | |---|---|---| | Texas | 2022 | 1 | | | 2023 | 0 | | | 2024 | 1 | | Wisconsin | 2022 | 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
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 7 Best Brains outlets operating in Michigan at the start of 2023. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information indicates the existing market presence of Best Brains in Michigan. It shows that the number of outlets remained constant throughout 2023, with no new openings, terminations, or other changes affecting the total count. This stability could suggest a mature market or a deliberate strategy by Best Brains to maintain a steady presence in the state.
It's important to note that while the number of outlets remained constant, this doesn't necessarily reflect the performance or profitability of those locations. A potential franchisee should investigate further into the financial performance of these existing Michigan locations to gain a comprehensive understanding of the market dynamics and potential for growth. Additionally, the FDD lists the physical addresses of the Best Brains centers in Michigan.