What is the estimated revenue related to performance obligations that Bft expects to recognize 'Thereafter'?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance at March 6, 2023 | $ — |
|---|---|
| Contract liabilities contributed by Member | 96,875 |
| Revenue recognized that was included in deferred | — |
| revenue at the beginning of the period | |
| Increase, excluding amounts recognized as revenue | |
| during the period | 24,363 |
| Balance at December 31, 2023 | 121,238 |
| Revenue recognized |
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the company estimates future revenue related to unsatisfied performance obligations as of December 31, 2024. The term 'Thereafter' refers to revenue expected to be recognized beyond the years 2025 through 2029.
Specifically, Bft anticipates recognizing $52,483 in revenue related to these obligations 'Thereafter'. This amount is part of the total estimated revenue of $105,909 from contract liabilities to be recognized in revenue in the future.
This information is relevant for prospective Bft franchisees as it provides insight into the company's financial projections and how it expects to recognize revenue over time. Understanding the timing of revenue recognition can help franchisees assess the financial stability and growth potential of the Bft franchise system.