Does the Brain Balance FDD specify any conditions under which outlet transfers are prohibited?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) for Years 2022 to 2024
Source: Item 20 — CENTERS AND FRANCHISEE INFORMATION (FDD pages 65–70)
What This Means (2025 FDD)
The 2025 Brain Balance Franchise Disclosure Document (FDD) does not explicitly state any conditions under which outlet transfers are prohibited. However, the FDD does provide data on outlet transfers to new owners for the years 2022 to 2024.
Specifically, Item 20 includes tables showing the number of transfers of outlets from franchisees to new owners. For example, there is a table titled "Table No. 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) for Years 2022 to 2024". Additionally, the FDD mentions that the names and contact information of franchisees who closed or sold a unit in the last fiscal year are identified on Exhibit H.
While the FDD provides data on past transfers, it does not detail the specific conditions or circumstances that might prevent a transfer from occurring. A prospective franchisee should inquire directly with Brain Balance about the specific requirements, conditions, and approval processes for transferring a franchise to ensure they understand any potential limitations or restrictions.