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How many Best Brains outlets were operating in Minnesota at the end of 2023?

Best_Brains Franchise · 2025 FDD

Answer 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 4 Best Brains outlets operating in Minnesota at the end of 2023. The FDD provides a detailed table showing the number of outlets at the start and end of each year, as well as changes due to openings, terminations, and other factors. This information is crucial for prospective franchisees to understand the brand's growth and stability in specific geographic areas.

Specifically, the table in Item 20 of the FDD lists the number of Best Brains outlets in Minnesota. It indicates that in 2022, there were 3 outlets at the start of the year, 1 outlet opened, and 4 outlets at the end of the year. In 2023, there were 4 outlets at the start of the year, no outlets opened, and 4 outlets at the end of the year. In 2024, there were 4 outlets at the start of the year, 1 outlet opened, and 5 outlets at the end of the year.

This data helps potential franchisees evaluate the existing market presence of Best Brains in Minnesota and assess the potential for further expansion. A prospective franchisee might want to investigate why no new locations opened in 2023, and whether this was due to market saturation, lack of suitable locations, or other factors. Understanding these trends is important for making an informed investment decision.

Furthermore, the FDD also lists the specific addresses and contact information for existing Best Brains locations in Minnesota as of the document's publication date. This provides additional transparency and allows potential franchisees to conduct their own market research and assess the performance of existing centers.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.