What is the trigger for the Assistance in the Event of Death or Disability fee for Best Brains?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Assistance in the Event of Death or Disability | Actual costs incurred | As incurred | You must pay our compensation and expenses in running your Franchised Business in the event of death or disability. FA Sec. 9(E) |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Best Brains's 2025 Franchise Disclosure Document, the Assistance in the Event of Death or Disability fee is triggered when the franchisee dies or becomes disabled. In such cases, the franchisee must pay Best Brains's compensation and expenses for running the franchised business. The exact amount will be the actual costs incurred. This fee is payable as the costs are incurred.
This means that if a Best Brains franchisee passes away or becomes unable to manage their business due to a disability, Best Brains will step in to manage the center's operations. The franchisee (or their estate) will be responsible for covering the costs associated with this management, including the compensation for Best Brains personnel and other related expenses like transportation, lodging, and meals.
This provision is important for prospective franchisees to consider, as it highlights a potential financial obligation in unforeseen circumstances. It is advisable to discuss with Best Brains the specific procedures and cost estimations involved in such a scenario to fully understand the potential financial impact on the franchisee or their family.