table_specific

What was the total number of Brain Balance outlets closed during 2023?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

Outlets Termination Non- Operations
State Year Start of by End of the
Year Opened s Renewals Franchisor - Other Year
2024 3 0 0 0 0 0 3
2022 3 0 0 0 0 0 3
NC 2023 3 0 0 0 0 0 3
2024 3 0 0 0 0 1 2
2022 3 0 0 0 0 0 3
NE 2023 3 0 1 0 0 0 2
2024 2 0 0 0 0 0 2
2022 2 0 0 0 0 0 2
NJ 2023 2 0 0 0 0 0 2
2024 2 0 0 0 0 0 2
2022 2 0 0 0 0 0 2
NV 2023 2 0 0 0 0 0 2
2024 2 0 0 0 0 0 2
2022 1 0 0 0 0 0 1
NY 2023 1 0 0 0 0 0 1
2024 1 0 0 0 0 0 1
2022 3 0 0 0 0 0 3
OH 2023 3 0 0 0 0 0 3
2024 3 0 0 0 0 0 3
2022 2 0 0 0 0 0 2
OK 2023 2 0 0 0 0 0 2
2024 2 0 0 0 0 0 2
2022 2 0 0 0 0 2 20
OR 2023 0 0 0 0 0 0 0
2024 0 0 0 0 0 0 0
2022 2 0 0 1 0 0 1
PA 2023 1 0 0 0 0 0 1
2024 1 0 0 0 0 0 1
2022 4 0 1 0 0 0 3
SC 2023 3 0 0 0 0 1 2
2024 2 0 0 0 0 0 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 closures of franchised Brain Balance outlets in several states during 2023. Specifically, one location closed in Nebraska, and one closed in Pennsylvania. Additionally, the data indicates that there were zero closures in North Carolina, New Jersey, Nevada, New York, Ohio, and Oklahoma.

The FDD provides a table that lists the status of franchised outlets for the years 2022 to 2024, broken down by state. This table includes information on the number of outlets at the start of the year, outlets opened, terminations, non-renewals, terminations by the franchisor, other closures, and the number of outlets at the end of the year. Closures can occur for a variety of reasons, including poor performance, failure to comply with franchise agreement terms, or the franchisee's decision to exit the business.

Prospective franchisees should carefully review the data on closures and consider the factors that may have contributed to these closures. It is also important to speak with current and former franchisees to gain a better understanding of the challenges and opportunities associated with operating a Brain Balance franchise. Understanding the reasons behind closures can help a new franchisee mitigate risks and improve their chances of success.

The data from the table indicates that the number of closures is relatively low compared to the total number of Brain Balance franchises, but it is still an important factor to consider. A prospective franchisee should also inquire about the support and training that Brain Balance provides to help franchisees avoid closures and maintain successful businesses.

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.