In which state have the most Best Brains franchise agreements been signed but the outlet not yet opened?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise Agreements Signed But Outlet Not Open | Projected New Franchised Outlets in the Next Fiscal Year | Projected New Company-Owned Outlets in the Next Fiscal Year |
|---|---|---|---|
| California | 1 | 2 | 0 |
| Connecticut | 1 | 0 | 0 |
| Delaware | 0 | 1 | 0 |
| Florida | 0 | 4 | 0 |
| Georgia | 0 | 2 | 0 |
| Illinois | 1 | 1 | 0 |
| Kentucky | 0 | 1 | 0 |
| Massachusetts | 1 | 1 | 0 |
| Michigan | 2 | 3 | 0 |
| Minnesota | 0 | 1 | 0 |
| Missouri | 0 | 1 | 0 |
| Nebraska | 0 | 1 | 0 |
| New Jersey | 1 | 3 | 0 |
| North Carolina | 1 | 2 | 0 |
| Ohio | 1 | 1 | 0 |
| Pennsylvania | 0 | 1 | 0 |
| South Carolina | 0 | 2 | 0 |
| Texas | 7 | 5 | 0 |
| --- | --- | --- | --- |
| Washington | 2 | 2 | 0 |
| TOTALS | 18 | 34 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, Texas has the highest number of franchise agreements signed for outlets that are not yet open as of December 31, 2024. The FDD indicates that there are 7 such franchise agreements in Texas. This means that a prospective franchisee in Texas would be joining a state with a significant number of other franchisees who are in the pre-opening phase.
This could present both opportunities and challenges. On one hand, there may be a strong demand for Best Brains services in Texas, leading to rapid expansion. On the other hand, new franchisees might face increased competition as these outlets eventually open. It is important to note that the number of franchise agreements signed but not yet open can fluctuate due to various factors such as financing delays, site selection issues, or construction timelines.
For comparison, Michigan has 2 franchise agreements signed but outlets not yet open, and California, Connecticut, and Illinois each have 1. The total number of franchise agreements signed but outlets not yet open across all states is 18. This information is valuable for potential franchisees as it provides a snapshot of the brand's growth and market saturation in different regions. It is advisable for prospective franchisees to further investigate the specific locations and circumstances of these unopened outlets to assess the potential impact on their own business.