What information is required for the Guarantor(s) in Section A of the Bft Statement of Prospective Franchisee?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
A. The following dates and information are true and correct:
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
Based on the 2025 FDD, Section A of the Bft Statement of Prospective Franchisee requires the franchisee to provide dates and information that are true and correct. However, the FDD excerpt does not specify what particular information about the guarantor is required in Section A. The document includes a general statement about providing true and correct information, but it lacks specifics regarding the guarantor's details.
To fully understand the requirements for the guarantor's information in Section A, a prospective Bft franchisee should carefully review the Statement of Prospective Franchisee form itself. This form would likely list the specific data points needed, such as the guarantor's name, address, contact information, and potentially financial details.
It is important to note that the FDD mentions a Guaranty of Performance, which is signed by XPOF ASSETCO, LLC as the guarantor, including their address, and the signature of John Meloun, Chief Financial Officer. While this provides an example of a guarantor, it does not detail the information a franchisee's guarantor would need to provide in Section A of the Statement of Prospective Franchisee. A prospective franchisee should consult the full Statement of Prospective Franchisee and seek clarification from Bft regarding any uncertainties.