Besides Bft, what other companies does Mr. Simon serve as Chief Development Officer for?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Eric Simon: Chief Development Officer
Since February 2025, Mr. Simon has served as our Chief Development Officer and the Chief Development Officer of Assetco, Lindora Franchisor, and each of the Affiliate SPV Franchisors, Former Portfolio Brand SPV Franchisors, Affiliate Prior Franchisors, and Former Portfolio Brand Franchisors. Since January 2025, Mr. Simon has also served as the Chief Development Officer of Xponential. Previously, Mr. Simon served as the SVP, Franchise Sales & Development (from December 2023 to January 2025) and the VP Franchise Sales & Development (from November 2016 to December 2023) for The Joint Corp. in Scottsdale, Arizona. Mr. Simon is based in Scottsdale, Arizona.
Source: Item 2 — BUSINESS EXPERIENCE (FDD pages 12–14)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, Eric Simon holds the position of Chief Development Officer for several other companies in addition to Bft. Specifically, since February 2025, he has been the Chief Development Officer of Assetco, Lindora Franchisor, and each of the Affiliate SPV Franchisors, Former Portfolio Brand SPV Franchisors, Affiliate Prior Franchisors, and Former Portfolio Brand Franchisors.
Furthermore, since January 2025, Mr. Simon has also served as the Chief Development Officer for Xponential. This indicates that Mr. Simon's responsibilities extend across a network of related franchise entities, suggesting a shared management structure or parent company overseeing these brands.
For a prospective Bft franchisee, this information highlights the interconnectedness of Bft with other franchise systems. It may be beneficial to further investigate the nature of these relationships and how decisions made at the Assetco or Xponential level could potentially impact Bft franchisees. Understanding the broader organizational structure can provide valuable context for assessing the stability and strategic direction of the Bft franchise system.