What was the net change in the number of company-owned Best Brains outlets during 2022?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 114 | 116 | +2 |
| 2023 | 116 | 122 | +6 | |
| 2024 | 122 | 162 | +40 | |
| Company- | 2022 | 5 | 2 | -3 |
| Owned* | ||||
| 2023 | 2 | 2 | 0 | |
| 2024 | 2 | 2 | 0 | |
| Total Outlets | 2022 | 119 | 118 | -1 |
| 2023 | 118 | 124 | +6 | |
| 2024 | 124 | 164 | +40 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the net change in the number of company-owned outlets during 2022 was a decrease of 3. This is based on the fact that Best Brains started 2022 with 5 company-owned outlets and ended the year with 2.
This decrease in company-owned centers could signify a strategic decision by Best Brains to focus more on franchising rather than direct operation. Potential franchisees might view this as a positive sign, suggesting that the franchisor is committed to supporting franchisees rather than competing with them through company-owned locations. However, it could also indicate a lack of profitability or other challenges in managing company-owned centers.
It's important for prospective franchisees to understand the reasons behind this change. They should inquire about Best Brains' strategy regarding company-owned versus franchised locations, and how the franchisor supports both types of outlets. Understanding the performance and profitability of company-owned centers compared to franchised centers can also provide valuable insights into the overall health and potential of the Best Brains franchise system.