What specific information can Best Brains request from a franchisee by email or paper submission?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchise ACH Authorization Form
Corporate Address: BEST BRAINS, INC 135 E Algonquin Road, Suite B Arlington Heights, IL 60005
I (we) hereby authorize Best Brains, Inc (THE COMPANY) to initiate entries to my (our) checking/savings accounts at the financial institution listed below (THE FINANCIAL INSTITUTION), and, if necessary, initiate adjustments for any transactions credited/debited in error. This authority will remain in effect until THE COMPANY is notified by me (us) in writing to cancel it in such time as to afford THE COMPANY and THE FINANCIAL INSTITUTION a reasonable opportunity to act on it. Please print.
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- M. Placement Test Review Fee. You agree to pay to us a Placement Test Review fee of $1,500 per test due upon submission of a placement test.
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- Landlord shall make available to the Franchisor all information which it collects or produces related to sales of the Best Brains business and the way in which the Best Brains business is operated. The Franchisee consents to Landlord providing all such information to the Franchisor.
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- Copies of any and all notices required or permitted hereby or by the Lease shall also be sent to the Franchisor at 135 E. Algonquin Road, Suite B, Arlington Heights, Illinois 60005, Attn: President or such other address as the Franchisor shall specify by written notice to Landlord. Any and all notices to Landlord shall be to the address contained in the Lease or such other address as the Landlord shall specify by written notice to Franchisor.
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, franchisees may be required to submit an ACH Authorization Form, which allows Best Brains to initiate entries to the franchisee's checking/savings accounts for various payments. This authorization remains in effect until the franchisee provides written notice to cancel it, allowing Best Brains and the financial institution a reasonable time to act on the cancellation request.
Additionally, franchisees must submit placement tests, incurring a Placement Test Review Fee of $1,500 per test upon submission. This fee is for the review of placement tests conducted at the Best Brains center.
Furthermore, if a franchisee's Best Brains location is part of a leased property, the franchisee consents to the landlord providing all information related to sales and operations of the Best Brains business to the franchisor. The franchisee is also required to send copies of any notices related to the lease to Best Brains. These stipulations ensure that Best Brains maintains oversight and receives necessary information regarding the franchisee's business and lease status.