How many Brain Balance franchises in Texas have agreements signed but are not yet opened?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
ny-Owned Outlets for Years 2022 to 2024**
| | 1 | | |---|---|---| | | 4 | | | | 1 | | | | 1 | | | | 11 | |
Table No. 5 Projected Openings as of December 31, 2024
| State | Franchises for Which Agreement Signed But Franchise Not Opened | Projected Franchises to Be Opened in the Next Fiscal Year | Projected Company Owned Openings in Next Fiscal Year |
|---|---|---|---|
| Arizona | 2 | 0 | 0 |
| Florida | 2 | 2 | 0 |
| Maryland | 1 | 1 | 0 |
| New York | 0 | 1 | 0 |
| Oregon | 1 | 0 | 0 |
| Pennsylvania | 1 | 1 | 0 |
| Texas | 3 | 4 | 0 |
| Virginia | 2 | 1 | 0 |
| Wisconsin | 1 | 1 | 0 |
| TOTALS | 13 | 11 | 0 |
Source: Item 20 — CENTERS AND FRANCHISEE INFORMATION (FDD pages 65–70)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, as of December 31, 2024, there were 3 Brain Balance franchises in Texas for which an agreement was signed, but the franchise had not yet opened. This means that these franchisees have committed to opening a Brain Balance center, but the location is not yet operational.
This information is relevant for prospective franchisees as it provides insight into the current growth and development of the Brain Balance brand. Knowing the number of signed agreements versus operational centers can indicate the pace of expansion and potential market saturation in specific regions. It also gives an idea of how many franchisees are in the pre-opening phase, which can be a valuable networking opportunity.
Furthermore, the FDD indicates that Brain Balance projects to open 4 franchises in Texas in the next fiscal year. This suggests continued growth in the state. A prospective franchisee might want to inquire about the reasons why franchises have agreements signed but are not yet open. This could be due to various factors such as site selection challenges, permitting delays, or financing issues. Understanding these potential hurdles can help a new franchisee prepare for a smoother launch.