What was the total revenue for Brain Balance in 2023?
Brain_Balance Franchise · 2025 FDDAnswer 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 revenue for the company in 2023 was $5,657,817. This revenue is comprised of several different fees that Brain Balance collects. These fees include royalties, software fees, coaching, enrollment kit fees, advertising fees, and franchise fees.
It is important for a prospective franchisee to understand the different sources of revenue for Brain Balance, as this can provide insight into the company's business model and how it generates income. Understanding the revenue streams can help a franchisee anticipate potential earnings and assess the financial stability of the franchise system.
When evaluating this information, a potential franchisee should also consider the expenses associated with running a Brain Balance center. While the total revenue provides a picture of the income generated, it does not reflect the costs required to achieve those earnings. Reviewing both revenue and expenses will offer a more comprehensive understanding of the potential profitability of a Brain Balance franchise.