Does the Bft estimated initial investment include finance charges, interest, or debt service obligations?

According to Bft's 2025 Franchise Disclosure Document, the estimated initial investment does not include any finance charges, interest, or debt service obligations. The availability and terms of financing will depend on factors such as the availability of financing in general, the franchisee's creditworthiness, the collateral security that they may have, and the policies of lending institutions concerning the type of business they operate.

Bft does not offer direct or indirect financing, but they may assist franchisees in obtaining working capital through other sources. Leasing and financing is available for many of the expenses listed in Item 7. The initial investment table shows certain expenditures required to establish and operate a Bft studio.

Prospective franchisees should consider that the initial investment costs can vary widely, with the total estimated initial investment ranging from $509,836 to $1,204,045. These costs include items such as the initial franchise fee ($60,000), real estate/lease expenses ($37,000 to $75,500), net leasehold improvements ($72,000 to $560,500), and fitness equipment & initial FF&E package ($198,500 to $236,000). Franchisees should carefully review all components of the initial investment with Bft and their own financial advisors to ensure they have sufficient capital.