How many company-owned Bft outlets were opened in all states during 2023?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at the Start of the Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| All States | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Totals | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–79)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, across all states, there were zero company-owned Bft outlets opened during 2023. The table provided in Item 20 of the FDD details the status of company-owned outlets, showing that the number of outlets at the start of 2023 was 0, the number of outlets opened was 0, and the number of outlets at the end of the year remained at 0. This indicates that Bft did not expand its company-owned operations during that year.
This information is crucial for potential franchisees as it provides insight into Bft's business model and growth strategy. The absence of new company-owned outlets in 2023 could suggest that Bft is more focused on expanding through franchising rather than investing in company-operated locations. Alternatively, it could reflect a strategic decision to consolidate or optimize existing company-owned operations.
Prospective franchisees should consider the implications of Bft's approach to company-owned versus franchised outlets. A strong network of company-owned locations can provide valuable training grounds and demonstrate the viability of the business model. However, a focus on franchising can also offer benefits such as faster expansion and reduced capital investment for the franchisor. Franchisees might want to inquire about Bft's long-term strategy regarding company-owned outlets and how it supports the overall franchise system.
It is important for potential franchisees to further investigate the reasons behind the lack of new company-owned outlets in 2023. Understanding Bft's strategic decisions can help franchisees assess the franchisor's commitment to the brand and its support for franchisees. This information, combined with other aspects of the FDD, will enable prospective franchisees to make a well-informed decision about investing in a Bft franchise.