What was the net operating income for Best Brains during January-March 2025?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: FINANCIAL STATEMENTS]
ITEM 21. FINANCIAL STATEMENTS
Exhibit H contains our audited financial statements for the fiscal years ending December 31, 2024, 2023, and 2022, as well as our unaudited Balance Sheet as of March 31, 2025 and our unaudited Profit & Loss Statement for the time period January 1, 2025 – March 31, 2025.
EXHIBIT H
FINANCIAL STATEMENTS
The following statement applies to the unaudited portion of the financial statements which follow:
THESE FINANCIAL STATEMENTS ARE PREPARED WITHOUT AN AUDIT. PROSPECTIVE FRANCHISEES OR SELLERS OF FRANCHISES SHOULD BE ADVISED THAT NO CERTIFIED PUBLIC ACCOUNTANT HAD AUDITED THESE FIGURES OR EXPRESSED HIS/HER OPINION WITH REGARD TO THE CONTENT OR FORM.
Best Brains Inc
Unaudited
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Best Brains' Profit and Loss statement for January-March 2025 is included in Exhibit H. However, the provided excerpts do not include the actual figures for net operating income, or any other specific income or expense details from that financial statement.
Item 21 states that the financial statements for Best Brains, Inc. for the period of January 1, 2025 – March 31, 2025 are unaudited. The FDD also includes a disclaimer that these financial statements were prepared without an audit by a Certified Public Accountant. Prospective franchisees should be aware that the numbers have not been independently verified.
For prospective franchisees, it is important to request and carefully review the complete financial statements, including the Profit and Loss statement, to understand Best Brains' financial performance during this period. Understanding the net operating income, along with revenue and expenses, is crucial for assessing the financial health and potential profitability of the franchisor.
To gain a comprehensive understanding of Best Brains' financial performance, a potential franchisee should ask the franchisor for a full copy of the January-March 2025 Profit & Loss Statement, and consult with a financial advisor to review the statements.