What is the length of the one-time extension Brain Balance may grant to commence operations?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
- 14.02. If, for any reason, FRANCHISEE shall fail to commence operations within nine (9) months from the date of this Agreement, COMPANY, at its option, may either (a) grant FRANCHISEE, in writing, a one-time, ninety (90) day extension of such deadline or (b) terminate this Agreement and retain all monies theretofore paid by FRANCHISEE to COMPANY.
Source: Item 22 — CONTRACTS (FDD pages 70–72)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, a franchisee typically has nine months from the date of the Franchise Agreement to commence operations. However, if the franchisee fails to commence operations within this timeframe, Brain Balance has the option to grant a one-time extension. This extension, if granted, is for a period of ninety days.
It is important to note that Brain Balance is not obligated to grant this extension. Instead, they may choose to terminate the Franchise Agreement and retain all monies previously paid by the franchisee. This highlights the importance of franchisees diligently working towards opening their Brain Balance center within the initial nine-month period.
This clause protects Brain Balance by ensuring franchisees are committed to opening and operating their centers in a timely manner, which contributes to the overall success and reputation of the Brain Balance franchise system. Prospective franchisees should carefully consider their ability to meet the opening deadline and factor in potential delays when planning their launch.