What was the total number of Best Brains franchise transfers across all states in 2023?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| California | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 2 | |
| Illinois | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| Maryland | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| Minnesota | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| --- | --- | --- |
| Texas | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| Wisconsin | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Totals | 2022 | 2 |
| 2023 | 2 | |
| 2024 | 6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, there were a total of 2 franchise transfers across all states during the year 2023. This figure is relevant for prospective franchisees as it provides insight into the stability and desirability of existing Best Brains franchise locations. A low number of transfers could indicate franchisee satisfaction or a stringent transfer process. Conversely, a high number might suggest underlying issues within the franchise system.
Specifically, the data shows the number of transfers in 2023 for individual states such as California, Illinois, Maryland, Minnesota, Texas and Wisconsin. All these states had either zero or one transfer, contributing to the total of 2 transfers for that year.
Understanding the reasons behind franchise transfers is crucial. Potential franchisees should inquire with Best Brains about the typical reasons for transfer requests, such as franchisee retirement, relocation, or business performance. This information, combined with the transfer numbers, can offer a more comprehensive view of the franchise's operational health and franchisee relations.