What was the balance of Bft's contract liabilities contributed by Member as of March 6, 2023?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
r effect on the Company's operations and financial results, and, as such, it was not presented as discontinued operations.
Note 4 – Contract Liabilities and Costs from Contracts with Customers
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Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the balance of contract liabilities contributed by the Member as of March 6, 2023, was $96,875. This figure represents the deferred revenue related to franchise agreement contracts with customers.
This deferred revenue stems from payments Bft received for services or products not yet delivered or rendered. In this case, it relates to franchise agreement contracts. The balance reflects the amount Bft owes to its customers in terms of future services or products.
For a prospective franchisee, this information provides insight into the financial obligations Bft has to its existing customer base. It also shows how Bft accounts for revenue and liabilities related to its franchise agreements. Understanding these figures can help a franchisee assess the financial stability and practices of Bft.