When is the Placement Test Review Fee due for Best Brains?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Add-on Programs incur a monthly royalty of 7% of Gross Add-on Program Sales. | |||
| Technology Fee | $40 per month for 0-100 students $60 per month for 101- 200 students $80 per month for 200+ students | Payable monthly | The Company may require the Franchisee to utilize a computer system, including without limitation a cloud-based portal for day-to-day operations of the franchise. FA Secs. 2(C) and 5(S). |
| Brand Development Fund | $1 per subject per student up to $3, subject to a $250 per month minimum | Payable the 19th of each month | FA Sec. 2(D). |
| Interest | 2% per month, or the maximum amount allowed by law, whichever is less | Owed on past due amounts | You must pay interest on any amounts owed to us from the date due until fully paid. FA Sec. 2(E). |
| Late Fee | $100 per incident | As incurred | Applies to each NSF check, late payment, or failure to timely provide reports and financial statements. FA Sec. 2(F). |
| Renewal Fee | 10% of the then current initial franchise fee. | At time of renewal | FA Secs. 2(G) and 6(B). |
| Subject Material Fee | $5-$8 per month per subject | Monthly | For the availability and distribution of e-learning material.FA Sec. 2(I). |
| bbSupport Fee | $1 per subject (Math or English) per student monthly | Monthly | This fee is for app support from certified teachers (hired by Corporate) to any Best Brains students enrolled in Math or English |
| Placement Test Review | $1,500 per Placement | Upon submission of | |
| Fee | Test | placement test |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the Placement Test Review Fee is due upon submission of the placement test. This fee amounts to $1,500 per placement test.
For a prospective Best Brains franchisee, this means that each time a student submits a placement test to assess their skill level, the franchisee will owe Best Brains $1,500. This fee is separate from other fees such as royalty fees, technology fees, and brand development fund contributions, all of which are outlined elsewhere in the FDD.
It is important for potential franchisees to factor this cost into their financial projections, especially considering the volume of placement tests expected at their Best Brains learning center. Understanding the timing and amount of this fee is crucial for managing cash flow and ensuring compliance with the franchise agreement.