What is the purpose of the Placement Test Review Fee charged by Best Brains?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 6. OTHER FEES
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Add-on Programs incur a monthly royalty of 7% of Gross Add-on Program Sales. |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, a franchisee must pay a Placement Test Review Fee of $1,500 per placement test. This fee is due upon submission of the placement test. The FDD does not specify what this fee covers, but it is likely for Best Brains to review and assess the placement test.
Prospective franchisees should consider this fee as part of their initial investment and ongoing operational costs. It is important to factor in the frequency with which placement tests are administered, as each test incurs this $1,500 fee. This could impact the overall profitability of the Best Brains franchise, especially if a large number of placement tests are needed.
Franchisees should inquire with Best Brains about the specifics of what the Placement Test Review Fee covers. Understanding the services or resources provided in exchange for this fee will help in assessing its value and budgeting accordingly. It would also be prudent to ask about any potential changes to this fee in the future, as the FDD mentions that fees may be increased to reflect changes in the Consumer Price Index.