How many consecutive extension periods are franchisees granted in the Bft Franchise Agreement?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
his table lists certain important provisions of the Franchise Agreement and related agreements. You should read these provisions in the agreements attached to this Disclosure Document.**
| Provision | Section in Franchise Agreement | Summary | |
|---|---|---|---|
| a. | Length of the franchise term | Section 3.1 | 10 years from the date the Franchise Agreement is signed, unless sooner terminated. |
| b. | Renewal or extension of term | Section 3.2 | You have the option to extend the term for one consecutive 10-year period. |
| c. | Requirements for renewal or extension | Section 3.2 | To qualify for a successor franchise, you must execute our then-current franchise agreement, which may contain terms and conditions that differ materially from those in the Franchise Agreement; maintain possession of the Authorized Location or secure an alternative location approved by us; remodel your Studio as necessary to comply with the System Standards; have substantially complied with the Franchise Agreement during its term; be in compliance with all provisions of the Franchise Agreement and any other agreements between you and us; pay the successor franchise fee ($10,000); give us no less than 90 days' and no more than 180 d |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, franchisees have the option to extend their franchise term for one consecutive 10-year period, as detailed in Section 3.2 of the Franchise Agreement. The initial term of the Bft franchise is 10 years from the date the Franchise Agreement is signed, unless it is terminated sooner.
To qualify for this extension, franchisees must meet several requirements. They must execute the then-current franchise agreement, which may have terms and conditions that differ significantly from the original agreement. Franchisees must also maintain possession of the authorized location or secure an alternative location approved by Bft. Remodeling the studio to comply with the System Standards is also necessary.
Further requirements include substantial compliance with the Franchise Agreement during its initial term, adherence to all provisions of the Franchise Agreement and any other agreements with Bft, and payment of a successor franchise fee of $10,000. Franchisees must also provide Bft with a notice of their intent to acquire a successor term between 90 and 180 days before the end of the initial term. Finally, franchisees must sign a general release in a form similar to Exhibit G of the Disclosure Document, subject to applicable state law.