When are Bft's initial franchise fees typically collected?
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 of $60,000 is due upon signing the Franchise Agreement. This fee grants the franchisee the right to operate a Bft studio under the terms of the agreement.
Bft states that the initial franchise fee is considered fully earned upon payment and is non-refundable under any circumstances. This means that once the franchisee pays the $60,000, Bft is not obligated to return it, regardless of whether the franchisee successfully opens the studio or if the agreement is terminated.
This up-front, non-refundable fee is a common practice in franchising. It compensates Bft for granting the franchise rights, providing initial training and support, and incurring administrative costs associated with setting up the new franchise location. Prospective franchisees should carefully consider their financial situation and business plan before signing the agreement and paying this fee, as they will not be able to recover it even if they change their mind or encounter unforeseen challenges.