Is there a schedule included in the Best Brains FDD related to the franchise location?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document dated May 27, 2025 that included the following Exhibits:
Exhibit A State Administrators and Agents for Service of Process
Exhibit B Franchise Agreement
Schedule 1-Franchise Location
Schedule 2-Lease Rider
Schedule 3-ACH Authorization Form
Schedule 4-Initial Inventory Agreement
Schedule 5-State Law Addenda to the Franchise Agreement
Exhibit C Promissory Notes Exhibit D Option Agreement Exhibit E List of Franchisees
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, Schedule 1, titled "Franchise Location," is included as part of Exhibit B, the Franchise Agreement. This indicates that the FDD contains a specific schedule dedicated to outlining details and requirements related to the physical location of the Best Brains franchise.
Additionally, Schedule 2, called "Lease Rider," is also included. This suggests that the FDD provides a template or addendum to be used when negotiating the lease for the franchise location. This can be beneficial for franchisees as it offers a standardized framework for lease agreements, potentially ensuring compliance with Best Brains' requirements and protecting the franchisee's interests.
Prospective franchisees should carefully review Schedule 1 and Schedule 2, along with the Franchise Agreement, to understand the specific criteria and obligations related to the franchise location. This includes understanding any restrictions on location, required square footage, or other factors that could impact the success of their Best Brains center.