What is the name of the exhibit that contains the list of current franchisees for Best Brains?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document dated May 27, 2025 that included the following Exhibits:
Exhibit A State Administrators and Agents for Service of Process
Exhibit B Franchise Agreement
Schedule 1-Franchise Location
Schedule 2-Lease Rider
Schedule 3-ACH Authorization Form
Schedule 4-Initial Inventory Agreement
Schedule 5-State Law Addenda to the Franchise Agreement
Exhibit C Promissory Notes Exhibit D Option Agreement Exhibit E List of Franchisees
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the list of current franchisees can be found in Exhibit E. Prospective franchisees are encouraged to review this exhibit carefully as part of their due diligence process. Contacting current franchisees can provide valuable insights into the day-to-day operations, challenges, and successes of running a Best Brains franchise.
It is a common practice in the franchise industry to include a list of current franchisees in the FDD. This allows potential franchisees to conduct their own research and gather firsthand information about the franchise system. By reaching out to existing franchisees, prospective franchisees can gain a better understanding of the franchisor's support, the profitability of the business, and the overall satisfaction of franchisees within the system.
Exhibit E, which is titled "List of Franchisees", is an important resource for anyone considering investing in a Best Brains franchise. It provides direct access to individuals who have already made the decision to join the Best Brains system, offering a unique opportunity to learn from their experiences and make a more informed decision.