What are the conditions that Bft requires to authorize the Soft Opening of a Bft Studio?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
We will authorize the Soft Opening of your Studio when (i) all of your pre-opening obligations have been fulfilled (including meeting certain minimum membership levels), (ii) pre-opening training has been completed, (iii) all amounts due us have been paid, (iv) copies of all insurance policies (and payment of premiums) and all other required documents have been received by us, and (v) all permits have been approved (Franchise Agreement, Sections 5.4, 5.5, 6.2, and 10.4).
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 37–50)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, Bft will authorize the Soft Opening of a studio when several conditions are met. These conditions include fulfilling all pre-opening obligations, such as meeting minimum membership levels, completing pre-opening training, and paying all due amounts to Bft. Additionally, Bft must receive copies of all insurance policies with proof of premium payments and all other required documents. Finally, all necessary permits must be approved before the Soft Opening can be authorized.
For a prospective Bft franchisee, this means that careful planning and execution are essential in the pre-opening phase. Meeting membership goals is a key factor, so franchisees should focus on pre-sales activities. Completing all required training for both the owner/operator, designated manager, and instructors is also crucial. Ensuring all financial obligations are met and all necessary documentation, including insurance and permits, are in order is also a must.
Missing any of these requirements could delay the Soft Opening and potentially impact the franchisee's ability to start generating revenue. Since Bft estimates the time between signing a Franchise Agreement and the Soft Opening to be approximately fifteen months, franchisees should proactively manage these requirements to avoid delays. Furthermore, failing to conduct the Soft Opening within fifteen months after signing the Franchise Agreement could lead to termination of the agreement without a refund of the initial franchise fee.