How many Best Brains outlets were operating in Virginia at the end of 2022?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 4 | 0 | 0 | 0 | 3 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Virginia | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2022 | 5 | 0 | 0 | 0 | 3 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 2 |
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 Virginia at the end of 2022. The provided table tracks the number of outlets in various states over the years 2022, 2023, and 2024, detailing openings, closures, and other changes. This information is crucial for prospective franchisees to understand the brand's growth and stability in specific regions.
For a potential Best Brains franchisee, this data indicates the existing presence and performance of the franchise in Virginia. While only one outlet was operating in 2022, it's important to consider the broader context, such as market potential and competition, to assess the viability of opening a new location. The table also shows that the number of outlets in Virginia increased to 5 by the end of 2022, suggesting potential growth in the area.
It is important to note that while the table provides a historical overview, it does not offer insights into the financial performance or specific challenges faced by the Virginia outlet. A prospective franchisee should conduct further research, including speaking with existing franchisees and analyzing market data, to gain a comprehensive understanding of the opportunities and risks associated with opening a Best Brains franchise in Virginia. Additionally, the FDD includes a list of current franchisees in Exhibit E, which could be a valuable resource for networking and gathering firsthand information.