How many Best Brains outlets were operating in Minnesota at the start of 2024?

According to Best Brains' 2025 Franchise Disclosure Document, there were 4 Best Brains outlets operating in Minnesota at the start of 2024. 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 Minnesota. It can be helpful to understand the growth and changes in the number of outlets over the past few years. The table shows that in 2022, there were 3 outlets at the start of the year and 4 at the end, with 1 outlet opening. In 2023, the number remained at 4. In 2024, the number of outlets increased to 5, with 1 new outlet opening during the year.

This data can assist potential franchisees in evaluating the market saturation and growth potential in Minnesota. It's important to note that past performance doesn't guarantee future results, but it provides a historical context. A prospective franchisee may want to further investigate the specific locations of these outlets and their performance to assess the opportunities and challenges in the Minnesota market. Additionally, the franchisee may want to understand why there was no growth between 2023 and the start of 2024.

Overall, the information presented in Item 20 offers valuable insights into the historical performance and current state of Best Brains' franchise network, which can be used to make informed decisions about investing in a franchise.