What was the total number of Brain Balance franchise transfers in Georgia during the year 2024?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transferees |
|---|---|---|
| 2022 | 0 | |
| FL | 2023 | 1 |
| 2024 | 1 | |
| 2022 | 0 | |
| GA | 2023 | 0 |
| 2024 | 2 |
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, there were two franchise transfers in Georgia during 2024. This data is based on Table No. 2, which tracks transfers of outlets from franchisees to new owners, excluding transfers back to the franchisor.
Franchise transfers occur when an existing franchisee sells their Brain Balance center to a new owner. This can happen for various reasons, such as the franchisee retiring, relocating, or deciding to pursue other business ventures. The number of transfers can be an indicator of the health and stability of the franchise system. A high number of transfers might suggest that franchisees are struggling or dissatisfied, while a low number could indicate that franchisees are generally successful and content.
For a prospective Brain Balance franchisee, understanding the transfer history in their target state is crucial. It provides insight into the resale market and the potential for future exit strategies. Investigating the reasons behind past transfers can also offer valuable lessons and help in assessing the risks and opportunities associated with owning a Brain Balance franchise in Georgia. It is important to note that the FDD also mentions that franchisees may sign confidentiality agreements, which could limit open communication about their experiences.