In what year were the most Best Brains franchises transferred, according to this table?
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, the table "Transfers of Outlets from Franchisees to New Owners" shows the number of franchise transfers that occurred between 2022 and 2024. In 2024, there were a total of 6 franchise transfers, which is the highest number of transfers during the reported period. In both 2022 and 2023, there were 2 transfers each year.
For a prospective Best Brains franchisee, this information indicates the relative frequency of franchise resales within the system. A higher number of transfers in a particular year could suggest various factors, such as franchisee performance issues, personal circumstances leading to sales, or a healthy market for reselling existing franchises. Understanding the reasons behind these transfers can be valuable for new franchisees.
It's important to note that this table only reflects transfers to new owners other than Best Brains or its affiliates. Transfers back to the company are not included in these figures. A prospective franchisee should investigate the reasons for transfers and whether any patterns or issues are contributing to these changes in ownership. Reviewing the performance and history of transferred locations may provide additional insights.