Are Bft's initial franchise fees refundable?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
all not be liable for any legal expenses of Franchisee unless (a) pre-approved in writing by Franchisor in its discretion, and (b) the action proceeds or arises out of Franchisee's authorized use of the Marks hereunder.
- 4.4 Modification, Discontinuance or Substitution. Franchisor reserves the right, in its sole judgment, to modify, discontinue or replace any Mar
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the initial franchise fee is not refundable under any circumstance. The initial franchise fee is $60,000, which franchisees must pay to Bft upon signing the franchise agreement. This fee grants the franchisee the right to operate a Bft studio under the terms of the agreement.
This non-refundable policy means that once the franchise agreement is signed and the fee is paid, the franchisee cannot get this money back, regardless of whether they proceed with opening the studio. This is a common practice in franchising, as the franchisor incurs costs in evaluating the franchisee, providing initial training, and setting up the franchise system.
Prospective franchisees should carefully consider their decision before signing the agreement and paying the initial franchise fee, as this is a significant upfront investment that is not recoverable. It is important to conduct thorough due diligence, review the FDD carefully, and seek professional advice before making this commitment to Bft.