table_specific

What were the total operating expenses for the Brain Balance franchise in 2022?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

ance regarding, among other matters, the planned scope and timing of the audits, significant audit findings, and certain internal control-related matters that we identified during the audits.

April 29, 2025

Balance Sheet

December 31, 2024, 2023, and 2022

2024 2023 2022

Statement of Operations

Years Ended December 31, 2024, 2023, and 2022

2024 2023 2022
Revenue Royalties Software fees $ 3,311,061 $ 199,712 3,281,981 $ 176,501 3,376,582 209,105
Coaching, enrollment kit, and other revenue 1,333,317 1,274,825 1,611,326
Advertising fees 841,894 837,464 856,495
Franchise fees 148,720 87,046 71,477
Total revenue 5,834,704 5,657,817 6,124,985
Operating Expenses Franchise-related expenses License and administrative service fees Advertising and marketing expenses 1,529,276 3,642,517 1,038,376 1,177,741 3,417,429 938,952 1,704,829 2,984,044 928,473
Total o

Source: Item 23 — RECEIPTS (FDD pages 72–292)

What This Means (2025 FDD)

According to Brain Balance's 2025 Franchise Disclosure Document, the total operating expenses for the company in 2022 were $5,617,346. This figure encompasses various costs associated with running the Brain Balance franchise system. These expenses are critical for understanding the financial health and stability of the franchisor.

Specifically, the operating expenses include franchise-related expenses, license and administrative service fees, and advertising and marketing expenses. In 2022, franchise-related expenses amounted to $1,704,829, license and administrative service fees were $2,984,044, and advertising and marketing expenses totaled $928,473. These individual components provide a more detailed breakdown of where the franchisor is investing its resources.

Prospective franchisees should consider these figures in relation to the total revenue generated by Brain Balance. While high operating expenses aren't necessarily negative, it is important to evaluate whether these expenses are contributing to the growth and profitability of the franchise system. Comparing these expenses to previous years and to other similar franchises can provide valuable insights. Additionally, it would be prudent for potential franchisees to inquire about the specific items included within each category of operating expenses to gain a clearer understanding of the franchisor's cost structure.

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.