How many Best Brains outlets were transferred in Texas during 2024?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 |
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 Texas during 2024. This information is based on Table No. 2, which summarizes transfers of outlets from franchisees to new owners, excluding transfers to the franchisor or its affiliates. The table provides a state-by-state breakdown of these transfers for the years 2022 through 2024.
For a prospective Best Brains franchisee, this data indicates the level of franchise resales within the system. A low number of transfers could suggest franchisee satisfaction and stability, while a higher number might warrant further investigation into the reasons behind the transfers. Understanding the context behind these transfers, such as the financial health of the centers or the reasons franchisees are selling, is crucial.
It's important to note that this table only accounts for transfers to new owners and does not include instances where the Best Brains reacquired the outlet. Reviewing the complete Item 20 data, including outlet openings, terminations, and non-renewals, will provide a more comprehensive understanding of franchise activity within the Best Brains system. Additionally, prospective franchisees may want to speak with current and former franchisees to gain deeper insights into the transfer process and any associated challenges or opportunities.