If a Bft franchisee enters into a Multi-Unit Agreement, what does the agreement include regarding studio openings?

According to Bft's 2025 Franchise Disclosure Document, if a franchisee enters into a Multi-Unit Agreement to open and operate multiple studios, the agreement will include a Development Schedule. This schedule contains specific deadlines by which each of the franchisee's studios must be open and operating. This is detailed in Exhibit A of the Multi-Unit Agreement.

For a prospective Bft franchisee, this means that when signing a Multi-Unit Agreement, they are committing to a strict timeline for opening multiple locations. Failure to meet these deadlines could result in penalties or termination of the agreement. The Development Schedule ensures that Bft can expand its brand presence according to a structured plan, while also holding franchisees accountable for timely execution.

This type of development schedule is a common practice in multi-unit franchising, as it provides both the franchisor and franchisee with a clear roadmap for growth. It is crucial for potential multi-unit franchisees to carefully review and understand the Development Schedule, assessing their ability to meet the specified deadlines for each studio opening. Factors such as securing locations, obtaining financing, and completing construction must all be considered when evaluating the feasibility of the schedule.

Prospective franchisees should discuss the specifics of the Development Schedule with Bft to fully understand the expectations and potential challenges. Understanding the flexibility, support, and potential consequences associated with the schedule is essential for making an informed decision about entering into a Multi-Unit Agreement.