Are there any recurring other fees for a Brain Balance franchise?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Name of Fee (Note 1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Annual Convention | Franchisee: $750 per person Staff: $700 per person We have the right to increase this fee up to $1,500 per person, on at least 30 days' notice to you. | At the point of registration, prior to Convention date. | Travel, lodging, and food expenses will be in addition to the registration fee, some of which will be discounted or subsidized by the Franchisor. |
| Interest | 2% per month compounded | Upon demand | Payab |
Source: Item 6 — OTHER FEES (FDD pages 13–19)
What This Means (2025 FDD)
According to the 2025 Brain Balance Franchise Disclosure Document, franchisees can expect several recurring fees. One notable recurring fee is the Annual Convention fee, which is $750 per person for franchisees and $700 per person for staff. Brain Balance retains the right to increase this fee up to $1,500 per person, provided they give at least 30 days' notice. Franchisees should also budget for travel, lodging, and food expenses in addition to the registration fee, although some of these costs may be discounted or subsidized by Brain Balance.
Another potential recurring fee relates to the Third-Party Platform License fee. This fee covers the cost of the CRM software platform, currently Salesforce, and its maintenance. The FDD does not specify the exact amount or frequency of this fee, but it is collected by Brain Balance and passed on to the third-party provider. Additionally, franchisees may incur costs for software licenses used in Brain Balance's programming, and these costs could increase if Brain Balance adopts new technology platforms.
Finally, Brain Balance franchisees should be aware of potential interest charges on overdue payments. The interest rate is 2% per month compounded, applicable to all payments that are 15 or more days late. Furthermore, the franchisor notes that the annual cost of living increase, if any, will be a percentage equal to the percentage increase, if any, in the consumer price index for All Urban Consumers (CPI-U), as published by the U.S. Bureau of Labor Statistics annually.