What was the net property and equipment for Brain Balance in 2022?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
| Property and equipment are summarized as follows: | ||||
|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||
| Office equipment | $96,097 $ | 96,097 $ | 96,097 | |
| Computer equipment and software | 4,570 | 4,570 | 4,570 | |
| Total cost | 100,667 | 100,667 | 100,667 | |
| Accumulated depreciation | 100,667 | 100,667 | 97,352 | |
| Net property and equipment | $ | - $ | - $ | 3,315 |
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, the net property and equipment for the company in 2022 was $3,315. This figure represents the total cost of the company's office and computer equipment ($100,667) less the accumulated depreciation ($97,352) for those assets as of the end of 2022.
For a prospective franchisee, this information provides a glimpse into the tangible assets owned by the Brain Balance corporate entity and how their value is assessed over time. Net property and equipment can reflect the level of investment Brain Balance has made in its own infrastructure.
However, it's important to note that this figure reflects the assets of the franchisor, not the investment required for a franchisee to open their own Brain Balance center. Franchisees should focus on Item 7 of the FDD, which details the estimated initial investment, including costs for equipment, leasehold improvements, and other necessary assets for their individual location.