When considering a Bft franchise, what should a prospective franchisee do regarding the costs and expenses they will incur in operating their Studio?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
The financial performance representations do not reflect the costs of sales, operating expenses, or other costs or expenses that must be deducted from the gross revenue or gross sales figures to obtain your net income or profit. You should conduct an independent investigation of the costs and expenses you will incur in operating your Studio. Franchisees or former franchisees, listed in the Franchise Disclosure Document, may be one source of this information.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the financial performance representations provided do not include deductions for costs of sales, operating expenses, or other costs required to determine net income or profit. Therefore, these representations should not be used as the sole determinant of profitability.
Bft advises prospective franchisees to conduct an independent investigation into the costs and expenses they will likely incur while operating their Studio. This investigation should be comprehensive, covering all potential expenditures necessary for running the business effectively.
To gather information for this investigation, Bft suggests that prospective franchisees consult current or former franchisees, whose contact information is listed in the Franchise Disclosure Document. Speaking with these individuals can provide valuable insights into the actual costs and expenses involved in operating a Bft franchise, offering a more realistic financial outlook.