What was the total income for Best Brains service and fee income?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| DISTRIBUTION ACCOUNT | TOTAL |
|---|---|
| Total for Health Insurance (pre-tax) | -$24,207.06 |
| IL Income Tax | |
| IL Unemployment Tax | |
| OR Income Tax | |
| OR Statewide Transit Taxes | |
| VA Income Tax | |
| WI Income Tax | |
| Total for Payroll Liabilities | -$34,273.93 |
| PPP | |
| State Income Tax Payable | |
| Total for Other Current Liabilities | $308,759.83 |
| Total for Current Liabilities | $4,811,427.46 |
| Long-term Liabilities | |
| Ally Auto | |
| Auto Finance GMC | |
| Auto Finance HEV | 82,568.98 |
| Chase Auto Finance - REV | 60,687.75 |
| Chase-CTruck | 94,364.53 |
| Deferred Franchise Revenue - LongTerm | 402,161.01 |
| EIDL Loan | 150,000.00 |
| Finance Ford E-Transit Cargo | 29,163.68 |
| Finance Ford F150 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the total income for service and fee income was $48,145. This figure represents the combined income from 'Service/Fee Income' which was listed as $44,145 and 'Non Compliance' fees which totaled $4,000.
For a prospective Best Brains franchisee, this indicates the revenue that the franchisor, Best Brains Inc., generates directly from services and fees, potentially from franchisees or other sources. It's a relatively small portion of Best Brains' overall income, especially when compared to royalties and tuition fees.
Understanding the composition of this income stream can be valuable for franchisees. It would be prudent for potential franchisees to inquire about the specific services and fees that contribute to this income, as well as the conditions under which non-compliance fees are charged. This due diligence will provide a clearer picture of the franchisor's revenue streams and potential costs for franchisees.