What was the total amount in USD from the sale of materials/services to Best Brains- Canada by Best Brains?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
SALE OF MATERIALS / SERVICES B.1 Best Brains of Schaumburg, INC 29,258.49 B.2 Best Brains- Canada 460,145.82 B.3 Nala Robotics 74,355.12
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the total amount in USD from the sale of materials/services to Best Brains- Canada was $460,145.82 in 2023. This figure is part of related party transaction disclosures within the financial statements. These transactions represent sales from Best Brains Inc. to its Canadian counterpart.
For a prospective franchisee, understanding these related-party transactions is crucial. It provides insight into the financial interactions between Best Brains Inc. and its affiliates, which can impact the overall financial health and stability of the franchise system. Knowing the volume of sales to related entities like Best Brains- Canada helps assess the reliance on these relationships for revenue generation.
It's important to note that these figures reflect only the sales of materials and services. Other financial interactions, such as receivables or payables, are listed separately. Franchisees should review the complete financial statements and related party disclosures to gain a comprehensive understanding of Best Brains' financial relationships and their potential impact on the franchise's operations and profitability.