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What was the net change in the number of franchised Best Brains outlets during 2023?

Best_Brains Franchise · 2025 FDD

Answer 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 franchised outlets during 2023 was an increase of 6 locations. At the start of 2023, there were 116 franchised Best Brains outlets, and by the end of the year, the number had grown to 122. This indicates a moderate expansion of the franchise network during that period.

For a prospective franchisee, this information provides insight into the growth trajectory of Best Brains. A positive net change suggests that the franchise system is generally healthy and expanding. However, it's important to consider this number in the context of other factors, such as the number of new outlets opened and any terminations or non-renewals that occurred during the same period, as detailed elsewhere in the FDD. A growing network can offer benefits like increased brand recognition and potentially stronger support systems.

It is also worth noting the difference between franchised and company-owned outlets. In 2023, the number of company-owned Best Brains centers remained constant at 2. The growth is coming from the franchise side, which is a common model in the franchise industry, where the franchisor focuses on supporting franchisees rather than directly managing a large number of company-owned locations. Franchisees should investigate the reasons behind the net change by asking the franchisor about new openings, closures, transfers, and any other factors that contributed to the change in outlet numbers.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.