As of the date of the Bft Disclosure Document, do any of Bft's officers own an interest in any of Bft's Approved Suppliers other than Bft itself?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
As of the date of this Disclosure Document: (i) other than the Pre-Sales and Soft Opening Retail Inventory Kit, the technology services we provide in exchange for our then-current Technology Fee, and certain services that XPS provides, such as custom millwork, cabinets, tables, display cases, engraved wood signs, point of sale displays, custom acrylic panels, and other similar products, neither we nor any of our affiliates are an Approved Supplier for any items you are required to purchase in connection with your Studio as part of our standard Franchise offering; and (ii) none of our officers own an interest in any of our Approved Suppliers other than us.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 32–36)
What This Means (2025 FDD)
According to the 2025 Bft Franchise Disclosure Document, as of the date of the document, none of Bft's officers own an interest in any of Bft's approved suppliers other than Bft itself. There are exceptions to this rule, however.
Specifically, this does not include the Pre-Sales and Soft Opening Retail Inventory Kit, the technology services Bft provides in exchange for the Technology Fee, and certain services that XPS provides, such as custom millwork, cabinets, tables, display cases, engraved wood signs, point of sale displays, custom acrylic panels, and other similar products.
This information is important for prospective franchisees to understand potential conflicts of interest. If officers had ownership in supplier companies, it could influence supplier selection and potentially impact pricing or quality. The disclosure aims to assure franchisees that supplier relationships are generally impartial, with the noted exceptions.