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What was the total amount Best Brains spent on tuition fee reimbursement during January-March 2025?

Best_Brains Franchise · 2025 FDD

Answer from 2025 FDD Document

| Tuition Fee Reimbursement | 1,270,656.16 | | Total for Expenses | $3,302,923.16 |

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)

What This Means (2025 FDD)

According to Best Brains' 2025 Franchise Disclosure Document, the company's Profit and Loss statement includes an unaudited figure for tuition fee reimbursement. For the period of January through March 2025, Best Brains reported spending $1,270,656.16 on tuition fee reimbursement.

This figure is part of the total expenses, which amounted to $3,302,923.16 for the same period. It is important to note that these financial statements are unaudited, meaning they have not been reviewed and verified by an independent certified public accountant. Prospective franchisees should be aware of this when considering the financial performance data presented.

Given the magnitude of the tuition fee reimbursement expense, it would be prudent for potential Best Brains franchisees to seek clarification from the franchisor regarding the nature of these reimbursements. Understanding the conditions under which these fees are reimbursed and their impact on the overall profitability of a Best Brains center is crucial for making an informed investment decision.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.