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What was the net change in the total number of 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 total number of outlets during 2023 was an increase of 6. This means that across all locations, Best Brains opened more centers than it closed, resulting in a net growth of 6 units. This number includes both franchised and company-owned locations.

Specifically, the number of franchised Best Brains centers increased by 6 during 2023, while the number of company-owned centers remained the same. At the start of 2023, there were 116 franchised outlets, which increased to 122 by the end of the year. The company-owned outlets remained constant at 2 throughout 2023.

For a prospective franchisee, this indicates a positive trend in the expansion of Best Brains. The growth in franchised locations suggests that the franchise model is attractive to new franchisees and that existing franchisees are finding success and renewing their agreements. The stability in company-owned locations could reflect a strategic decision by Best Brains to focus on franchising as its primary growth strategy.

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.