factual

What must a Bft franchisee conduct by the Opening Deadline, with Franchisor's approval?

Bft Franchise · 2025 FDD

Answer from 2025 FDD Document

  • D. Subject to Applicable Laws (defined below), Franchisee must execute a written premises lease agreement accepted by Franchisor for the Authorized Location no later than six (6) months after the execution of this Agreement (the "Lease Execution Deadline"), and Franchisee must, with Franchisor's written approval, open the Studio's doors to the general public for participation in regular classes in the physical premises of the Studio (the "Soft Opening") no later than fifteen (15) months after the execution of this Agreement (the "Opening Deadline"); and

Source: Item 23 — RECEIPTS (FDD pages 79–265)

What This Means (2025 FDD)

According to Bft's 2025 Franchise Disclosure Document, a franchisee must open the Studio's doors to the general public for participation in regular classes in the physical premises of the Studio (the "Soft Opening") no later than fifteen (15) months after the execution of this Agreement (the "Opening Deadline"), with Franchisor's written approval. This means that within 15 months of signing the franchise agreement, the franchisee must have their Bft studio ready and open for regular classes, pending Bft's approval.

This requirement ensures that franchisees launch their studios in a timely manner and begin operations. The franchisor's approval likely involves verifying that the studio meets Bft's standards for facility setup, staffing, and operational readiness. This protects the brand's reputation and ensures a consistent experience for customers across all locations.

Missing the Opening Deadline could result in penalties or termination of the franchise agreement, so franchisees must carefully manage their timelines and coordinate with Bft to meet all requirements. Franchisees should maintain open communication with Bft throughout the setup process to address any potential delays and secure the necessary approvals.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.