What is the acceptable method of payment for the Bft initial franchise fee?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure 1 | Low Amount | High Amount | Method of Payment | When Due | To Whom Payment Is to be Made |
|---|---|---|---|---|---|
| Initial Franchise Fee 2 | $60,000 | $60,000 | Lump sum by certified check or bank wire | At signing of Franchise Agreement | Us |
2 Initial Franchise Fee. The Initial Franchise Fee is non-refundable. The Initial Franchise Fee for a single Studio is $60,000. We do not provide financing for the Initial Franchise Fee. As provided in Item 5, if this is your (or your affiliates') second Studio, the Initial Franchise Fee will be reduced to $50,000, and if this is your (or your affiliates') third or subsequent Studio, this Initial Franchise Fee will be reduced to $40,000.
Additionally, if you are an existing franchisee and a franchise broker is owed a commission in connection with the purchase of your additional franchise based on a previously-made introduction to us or our affiliates, you will pay us an additional sourcing fee of $28,000 (in addition to the Initial Franchise Fee).
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 26–32)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the initial franchise fee must be paid as a lump sum by certified check or bank wire. This payment is due at the signing of the Franchise Agreement. The initial franchise fee for a single Bft studio is $60,000. This fee is non-refundable.
Bft does not offer financing for the initial franchise fee. However, if a franchisee purchases a second studio, the initial franchise fee is reduced to $50,000. For a third or subsequent studio, the initial franchise fee is reduced to $40,000.
If an existing Bft franchisee purchases an additional franchise and a franchise broker is owed a commission due to a previous introduction, the franchisee will pay Bft an additional sourcing fee of $28,000 in addition to the initial franchise fee.