What does the initial investment for the initial Bft studio represent?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
4 Initial Investment for Initial Studio. This figure represents the total estimated initial investment required to open and commence operating the first Studio you agree to develop under your Multi-Unit Agreement. You will be required to enter into our then-current form of franchise agreement for the initial Studio you develop under your Multi-Unit Agreement, most likely once you have found a premises for the Studio that we approve. The range includes all the items outlined in Table A of this Item 7. It does not include any of the costs you will incur in opening the additional Studio(s) that you are awarded the right to develop under your Multi-Unit Agreement.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 26–32)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the initial investment for the initial Bft studio represents the total estimated investment required to open and begin operating the first studio under a Multi-Unit Agreement. This investment includes all items outlined in Table A of Item 7. The initial investment to open the initial studio ranges from $509,836 to $1,204,045. This figure does not include costs for opening additional studios awarded under the Multi-Unit Agreement.
Prospective Bft franchisees should note that the initial investment covers various expenditures, including the development fee of $20,000, potential sourcing fees ranging from $0 to $50,000, and other costs detailed in Table A. These costs encompass items such as fitness equipment, initial marketing, technology, and additional funds for the first three months of operation. The estimates are based on Bft's experience, market research, and information from approved suppliers.
It is important for potential Bft franchisees to understand that these figures are estimates and can vary based on factors such as location, management skills, and local economic conditions. The FDD advises franchisees to seek advice from insurance professionals before making any binding commitments. Additionally, financing options may be available, but they depend on creditworthiness and the policies of lending institutions. The total estimated initial investment for a Multi-Unit Agreement to develop three studios ranges from $529,836 to $1,274,045, including the costs to open and operate the initial studio for the first three months.