Who is the direct parent and sole member of Bft Franchise SPV, LLC?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
XPOF Assetco, LLC (the "Company"), a Delaware limited liability company (LLC), was formed on March 6, 2023. The single member of the Company is Xponential Fitness LLC, a Delaware limited liability company (the "Member"). The Company is the direct parent and sole member of Club Pilates Franchise SPV, LLC; CycleBar Franchising SPV, LLC; Stretch Lab Franchise SPV, LLC; Stride Franchise SPV, LLC; Row House Franchise SPV, LLC; Yoga Six Franchise SPV, LLC; AKT Franchise SPV, LLC; PB Franchising SPV, LLC; Rumble Franchise SPV, LLC and BFT Franchise SPV, LLC, (together "Subsidiaries") each a Delaware limited liability corporation. The Company was formed in connection with a contemplated reorganization of Xponential Fitness LLC's structure. The Company, through its brands, licenses its proprietary systems to franchisees who in turn operate studios to promote training and instruction programs to their club members. There were no operations of the Company prior to March 6, 2023.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, XPOF Assetco, LLC is the direct parent and sole member of BFT Franchise SPV, LLC. XPOF Assetco, LLC, a Delaware limited liability company, was formed on March 6, 2023. The single member of XPOF Assetco, LLC is Xponential Fitness LLC.
This means that Xponential Fitness LLC ultimately controls Bft through its ownership of XPOF Assetco, LLC. XPOF Assetco, LLC acts as an intermediary holding company for several franchise brands, including Club Pilates, CycleBar, Stretch Lab, and others.
For a prospective Bft franchisee, this multi-layered corporate structure indicates that decisions regarding the Bft franchise may be influenced by the overall strategies and financial performance of Xponential Fitness LLC and its other brands. It is common in the franchise industry for larger franchisors to operate multiple brands under a single parent company, allowing for shared resources and economies of scale.