What was the total amount of royalties income for Best Brains during the period of January-March 2025?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit H contains our audited financial statements for the fiscal years ending December 31, 2024, 2023, and 2022, as well as our unaudited Balance Sheet as of March 31, 2025 and our unaudited Profit & Loss Statement for the time period January 1, 2025 – March 31, 2025.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, specific royalty income figures for the period of January-March 2025 are not provided. However, the FDD does include an unaudited Profit & Loss Statement for the time period January 1, 2025 – March 31, 2025. This statement is included as part of Exhibit H.
While the exact royalty income for that specific period is not detailed, the FDD does provide the royalty income for the years ending December 31, 2024, and December 31, 2023. In 2024, Best Brains' royalty income was $4,075,600, and in 2023, it was $3,502,324. This information can give a prospective franchisee some insight into the overall royalty income trends for Best Brains.
To get a clearer picture of the royalty income for the January-March 2025 period, a potential franchisee should consider asking Best Brains for a more detailed breakdown of their financials during the due diligence process. This inquiry could provide a better understanding of the company's financial performance during that specific time frame.