Is a Bft franchisee required to renovate and modernize their Studio to acquire a Successor Franchise?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
- D.
Franchisee shall have completed, at Franchisee's expense, such renovation and modernization of its Studio, including the interior and exterior of the building, grounds, leasehold improvements, signs, furnishings, fixtures, equipment, surveillance cameras, and decor as Franchisor reasonably requires so the Studio conforms with the then-current System Standards;
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, a franchisee seeking a Successor Franchise Agreement must complete renovations and modernizations to their studio at their own expense. This includes the interior and exterior of the building, grounds, leasehold improvements, signs, furnishings, fixtures, equipment, surveillance cameras, and décor. These renovations must meet the then-current System Standards as reasonably required by Bft.
This requirement ensures that all Bft studios maintain a consistent and up-to-date image, which is crucial for brand recognition and customer experience. For a franchisee, this means setting aside capital for potential renovations when approaching the end of their initial franchise term. The extent of the required renovations will depend on how well the studio has been maintained and how much the System Standards have evolved over the preceding ten-year term.
The franchisee is responsible for covering all costs associated with these renovations. Failing to complete the required renovations and modernizations can prevent a franchisee from obtaining a Successor Franchise Agreement, effectively ending their ability to operate a Bft studio at that location under the Bft brand. This emphasizes the importance of ongoing compliance with Bft's System Standards and proactive planning for future renovation expenses.