What is the monthly Technology Fee for a Best Brains franchise with 50 students?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Add-on Programs incur a monthly royalty of 7% of Gross Add-on Program Sales. | |||
| Technology Fee | $40 per month for 0-100 students $60 per month for 101- 200 students $80 per month for 200+ students | Payable monthly | The Company may require the Franchisee to utilize a computer system, including without limitation a cloud-based portal for day-to-day operations of the franchise. FA Secs. 2(C) and 5(S). |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the monthly Technology Fee is dependent on the number of students enrolled at the franchise location. For a Best Brains franchise with 50 students, the franchisee will be required to pay a Technology Fee of $40 per month.
This fee is payable monthly and, according to the FDD, Best Brains may require franchisees to utilize a computer system, including a cloud-based portal, for the daily operations of the franchise. This suggests that the Technology Fee covers the costs associated with providing and maintaining these technological resources.
It's important to note that the Technology Fee increases as the student population grows. Franchisees should factor in these escalating technology costs as they project their operating expenses and growth trajectory. The FDD specifies different fee amounts for different student ranges, so it is important to understand how these fees will change as the business expands.