As of what date were there no Brain Balance, Inc. (BBI) licensees in operation?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
Our predecessor is Brain Balance, Inc. ("BBI"). BBI was a New York corporation, incorporated on August 24, 2006. BBI's principal business address was 1091 Further Rd., North Woodmere, NY 11581. The predecessor opened the first Brain Balance® Center in 2006 and had, between December 2006 and November 2008, licensed the protocols used in the Program to independently owned licensees that operated Brain Balance® Centers. As of December 31, 2011, there were no BBI licensees in operation. Through an Asset Purchase Agreement entered into in July 2008, our predecessor sold substantially all of its business assets related to the operation of its company-owned Brain Balance® Center to BBF. As part of that transaction, BBI had granted to BBF a non-exclusive perpetual license to use and develop the Brain Balance Program® protocols and trademarks, including Brain Balance Program®. On October 7, 2011, BBF entered into an Asset Purchase Agreement, which supersedes and replaces the prior license agreement, through which BBF purchased from BBI all of the intellectual property owned by BBI, including Brain Balance Program® protocols and trademarks, Brain Balance Program®, and ®, franchised to you. Effective January 1, 2015, BBF entered into a Trademark Assignment Agreement,
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, Brain Balance, Inc. (BBI) had licensed its program protocols to independently owned licensees between December 2006 and November 2008. However, as of December 31, 2011, there were no BBI licensees in operation. This means that any independently owned centers operating under a license agreement with BBI had ceased operations or transitioned away from that agreement by this date.
This information is relevant to prospective Brain Balance franchisees as it provides a historical context of the brand's evolution. It shows that the company initially used a licensing model before transitioning to a franchise model. Understanding this history can give franchisees insight into the brand's strategic shifts and how it has refined its business model over time.
It's important to note that BB Franchising LLC (BBF) acquired the assets and intellectual property of BBI, including the Brain Balance Program protocols and trademarks. This transition ultimately led to the franchise model currently offered by Brain Balance. Franchisees should be aware of this history and how it has shaped the current franchise offering.