What is the reason for the initial fee deferral for Best Brains franchisees in Maryland?

According to Best Brains' 2025 Franchise Disclosure Document, an initial fee deferral is in place for franchisees in Maryland due to the franchisor's financial condition. The Maryland Securities Commissioner has mandated a financial assurance from Best Brains. As a result, all initial fees and payments owed by Best Brains franchisees in Maryland are deferred.

This deferral remains in effect until Best Brains completes its pre-opening obligations as outlined in the franchise agreement. This means that new franchisees in Maryland will not have to pay the initial franchise fee upfront. Instead, they can delay payment until Best Brains has fulfilled its responsibilities in preparing the franchisee to open their center.

This requirement protects franchisees by ensuring that Best Brains is financially stable enough to meet its obligations before collecting initial fees. It also gives the franchisee some financial breathing room during the initial setup phase of the business. Prospective franchisees in Maryland should confirm with Best Brains what specific pre-opening obligations must be met to trigger the payment of the initial fees.