factual

What was the principal business address of Brain Balance, Inc. (BBI), the predecessor to Brain Balance?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

Our predecessor is Brain Balance, Inc. ("BBI"). BBI was a New York corporation, incorporated on August 24, 2006. BBI's principal business address was 1091 Further Rd., North Woodmere, NY 11581. The predecessor opened the first Brain Balance® Center in 2006 and had, between December 2006 and November 2008, licensed the protocols used in the Program to independently owned licensees that operated Brain Balance® Centers. As of December 31, 2011, there were no BBI licensees in operation. Through an Asset Purchase Agreement entered into in July 2008, our predecessor sold substantially all of its business assets related to the operation of its company-owned Brain Balance® Center to BBF. As part of that transaction, BBI had granted to BBF a non-exclusive perpetual license to use and develop the Brain Balance Program® protocols and trademarks, including Brain Balance Program®. On October 7, 2011, BBF entered into an Asset Purchase Agreement, which supersedes and replaces the prior license agreement, through which BBF purchased from BBI all of the intellectual property owned by BBI, including Brain Balance Program® protocols and trademarks, Brain Balance Program®, and ®, franchised to you. Effective January 1, 2015, BBF entered into a Trademark Assignment Agreement,

Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–10)

What This Means (2025 FDD)

According to Brain Balance's 2025 Franchise Disclosure Document, the principal business address of Brain Balance, Inc. (BBI), the predecessor to the current franchisor, was located at 1091 Further Rd., North Woodmere, NY 11581. BBI was incorporated in New York on August 24, 2006, and opened the first Brain Balance center that same year.

Between December 2006 and November 2008, BBI licensed its program protocols to independently owned licensees. However, by December 31, 2011, there were no BBI licensees in operation. In July 2008, BBI sold its business assets related to its company-owned Brain Balance Center to BBF (BB Franchising LLC). This included granting BBF a non-exclusive license to use and develop the Brain Balance Program protocols and trademarks.

In October 2011, BBF purchased all of BBI's intellectual property, including the Brain Balance Program protocols and trademarks. This transaction superseded the previous license agreement. These historical transactions are important for prospective franchisees to understand the evolution of the Brain Balance franchise system and the transfer of intellectual property rights to the current franchisor.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.