Best Brains Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$10,000
Investment required
$29,000 - $118,000
Best Brains: Leading the Way in Children's Educational Enrichment
Best Brains Learning Centers is a rapidly growing educational franchise that provides enrichment programs for children ages 3 to 14. Founded in 2011, the company is headquartered in Arlington Heights, Illinois. Best Brains began franchising in the United States in 2013, followed by expansion into Canada in 2014.
The franchise offers a comprehensive curriculum that includes Math, English, Abacus, Coding, and General Knowledge, all taught by certified teachers in small classroom settings or through virtual classes.
The franchise is distinguished by its non-repetitive, concept-based curriculum, which ensures students grasp one concept at a time for better understanding and retention. This approach, combined with the use of qualified teachers and low student-to-teacher ratios, sets Best Brains apart from other supplemental education providers.
Best Brains not only focuses on academic excellence but also offers additional programs like Public Speaking, Creative Writing, and Test Prep, which cater to a wide range of student needs.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Best Brains offers 3 types of franchises:
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Franchise Type | Initial Investment |
BEST BRAINS Premium Learning Center | $52,500 to $118,400 |
BEST BRAINS Teacher Learning Center | $29,000 to $77,475 |
BEST BRAINS Satellite Learning Center | $36,000 to $84,475 |
We are summarizing below the main costs associated with opening a Best Brains Premium Learning Center franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Best Brains Premium Learning Center
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Type of Expenditure | Amount |
Initial Franchise Fee | $10,000 |
Training Fee | $2,500 |
Initial Inventory & Equipment | $5,000 |
Transportation and Living Expenses During Training | $500 - $1,400 |
Lease Security Deposit | $1,000 - $6,000 |
Utility Security Deposits | $0 - $500 |
First Month’s Rent | $1,500 - $5,800 |
Leasehold Improvements | $1,000 - $20,000 |
Signage | $2,500 - $4,000 |
Furniture and Fixtures | $4,000 - $12,000 |
Office Equipment and Supplies | $1,000 - $2,000 |
Business Licenses and Permits | $200 - $500 |
Professional Fees | $500 - $1,000 |
Business Insurance | $100 - $200 |
Grand Opening Advertising | $6,000 - $9,000 |
Additional Funds for First 3 Months | $16,700 - $38,500 |
TOTAL | $52,500 - $118,400 |
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Franchise Disclosure Document
Training
Best Brains Franchise provides comprehensive training to ensure the success of its franchisees. This training is designed to equip franchise owners with the knowledge and skills necessary to run a successful learning center while maintaining the high standards of education that Best Brains is known for.
The training program at Best Brains covers several key areas:
- Initial Training: Franchisees undergo an extensive initial training program that includes both classroom instruction and hands-on experience. This training typically takes place at the Best Brains headquarters in Arlington Heights, Illinois. It covers all aspects of operating a Best Brains center, from administrative tasks to educational methodologies.
- Curriculum Training: A significant portion of the training focuses on the proprietary Best Brains curriculum. Franchisees learn how to implement the non-repetitive, concept-based learning modules that make Best Brains unique. This ensures that all centers provide consistent, high-quality education.
- Operational Support: Best Brains provides ongoing operational support to franchisees. This includes access to a support team that assists with marketing, administration, and daily operations. Franchisees are also given tools and resources to help manage their centers efficiently.
- Ongoing Education: The commitment to education doesn't stop after the initial training. Best Brains offers continuous learning opportunities for franchisees and their staff. This includes workshops, webinars, and seminars that cover new teaching techniques, curriculum updates, and business management strategies.
- Mentorship and Peer Support: New franchisees are paired with experienced mentors who provide guidance and support as they establish their centers. Additionally, the Best Brains network encourages peer-to-peer learning and collaboration, fostering a community of franchisees who share best practices and support each other's growth.
Territory Protection
Best Brains franchise offers territory protection to its franchisees, ensuring that each franchisee has exclusive rights to operate within a designated geographic area. This protection helps prevent overlap and competition between franchisees, allowing each learning center to build a strong presence and customer base within their assigned territory.
By providing this territorial exclusivity, Best Brains supports franchisees in maximizing their market potential and achieving sustainable growth.
Territory protection is a critical aspect of the Best Brains franchise model, as it promotes fairness and encourages franchisees to invest in their local communities confidently. This strategic approach not only fosters healthy competition but also ensures that the educational needs of children are met without the risk of market saturation.