How much is the monthly Technology Fee for a Best Brains franchise with 150 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 franchise with 150 students, the Technology Fee is $60 per month. This fee is payable monthly and may be associated with the use of a computer system, potentially including a cloud-based portal, for managing the day-to-day operations of the Best Brains franchise.
It's important to note that Best Brains may increase the Technology Fee, along with other fees, no more than once per fiscal year to reflect increases in the Consumer Price Index. This means the $60 monthly fee could potentially increase over time. However, any such increase would be uniformly applied to all Best Brains franchisees.
Prospective franchisees should factor this monthly Technology Fee into their operating cost projections. They should also inquire with Best Brains about the specific technology and systems covered by this fee to fully understand its value and necessity for running the franchise effectively. Understanding the potential for CPI-related increases is also crucial for long-term financial planning.