What was the total cost of office 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 total cost of office equipment in 2022 was $96,097. This figure represents the initial investment Brain Balance made in equipping its corporate offices. It's important to note that this is the cost for Brain Balance's corporate operations, not the investment required for a franchisee to equip their own center.
This information is part of the broader financial statements included in the FDD, which provide a snapshot of Brain Balance's financial health. While this specific figure doesn't directly impact a franchisee's initial investment, it offers insight into how Brain Balance manages its assets and depreciates them over time. The accumulated depreciation on these assets was $97,352 by the end of 2022, exceeding the initial cost, resulting in a net property and equipment value of $3,315.
Prospective franchisees should focus on Item 7 of the FDD, which details the estimated initial investment for opening a Brain Balance franchise. Understanding the franchisor's corporate expenses, as shown here, can still be valuable in assessing the overall financial stability of the Brain Balance organization. Franchisees should also inquire about the typical lifespan and replacement costs of equipment needed for their centers to plan for future capital expenditures.