What expenses might be included in the Soft Opening date change expenses for a Brain Balance franchise?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
newal via ACH debit. |
| Name of Fee (Note 1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Soft Opening date change expenses | Will vary, may include but not limited to (Note 11) | Payable as soon as Franchisee's change to Soft Opening date results in non refundable expenses. | Payable to Franchisor when Franchisor incurs non refundable expenses due to Franchisee changing Soft Opening date. (Note 11) |
| Transfer fee | $10,000 (Note 8) | Upon completion of transfer. | Payable to the Franchisor when franchise is transferred; there is no charge if transfer is to your spouse or adult child. |
- Note 1: Except as otherwise noted, all fees are imposed uniformly by and are payable to BBF via ACH debit and are non-refundable unless otherwise specified.
Source: Item 6 — OTHER FEES (FDD pages 13–19)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, if a franchisee changes their Soft Opening date and this results in non-refundable expenses for the franchisor, the franchisee is responsible for covering those costs. These expenses can vary but may include airfare, transportation, lodging, and other travel expenses incurred for the Soft Opening. These expenses are payable to Brain Balance as soon as the change results in non-refundable expenses.
This means that if a Brain Balance franchisee reschedules their soft opening, they could be responsible for reimbursing Brain Balance for any non-refundable costs the franchisor incurs as a result of the change. This could include things like plane tickets or hotel reservations that Brain Balance had already booked.
It is important for a prospective Brain Balance franchisee to carefully consider the potential financial implications of changing their soft opening date. Before making any changes, they should discuss the potential costs with Brain Balance to understand the financial impact. Franchisees should also confirm whether these expenses include costs for Brain Balance staff, trainers, or other personnel involved in the soft opening event.