How many franchised Bft outlets were operating at the end of 2023?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised 2 | 2022 | 2 | 2 | 0 |
| 2023 | 2 | 32 | +30 | |
| 2024 | 32 | 49 | +17 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 2 | 2 | 0 |
| 2023 | 2 | 32 | +30 | |
| 2024 | 32 | 49 | +17 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–79)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, there were 32 franchised Bft outlets operating at the end of 2023. At the start of 2023, there were only 2 franchised outlets. Throughout 2023, 30 additional franchised outlets opened, bringing the total to 32 by the end of the year.
For a prospective franchisee, this indicates a period of significant growth for Bft in 2023. It suggests that the franchise system is expanding and gaining traction in the market. However, it's important to consider that rapid growth can also present challenges, such as ensuring consistent quality and support across all locations.
It would be prudent for a potential franchisee to investigate the reasons behind this growth, the support systems Bft has in place to manage it, and the performance of these new outlets. Understanding the sustainability and quality of this expansion is crucial for making an informed investment decision.