How many Best Brains outlets were transferred in Illinois during 2022?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| California | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 2 | |
| Illinois | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| Maryland | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| Minnesota | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| --- | --- | --- |
| Texas | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| Wisconsin | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Totals | 2022 | 2 |
| 2023 | 2 | |
| 2024 | 6 |
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 transfer of a Best Brains outlet in Illinois during 2022. This information is based on Table No. 2, which details the transfers of outlets from franchisees to new owners, excluding transfers to the franchisor or its affiliates. This data provides insight into the ownership changes within the Best Brains franchise system.
For a potential franchisee, understanding the number of transfers can be important for several reasons. A high number of transfers might indicate issues with profitability or franchisee satisfaction, while a low number could suggest stability within the franchise system. In this case, a single transfer in Illinois may not be significant on its own, but it's worth considering in the context of overall franchise performance and growth in the state.
It is important to note that this transfer number only reflects those sales to a new owner and does not include closures, non-renewals, or re acquisitions by Best Brains. Reviewing the list of former franchisees and comparing it to the list of current locations could provide additional insight into the health of the Best Brains franchise system in Illinois.