How many Bft franchises in Missouri were terminated in 2022?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
cation, or (b) it has no sales for nine consecutive months or more, whichever comes first. Thus, the total number of open Studios provided above may not equal the number of open Studios cited in XFI's publicly-filed documents.
TABLE 2 Transfer of Outlets from Franchisees to New Owners for years 2022 to 2024
| State | Year | Number of Transfers | |---|---|---| | Florida | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | State | Year | Number of Transfers | |---|---|---| | Nevada | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Tennessee | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Texas | 2022 | 0 | | | 2023 | 2 | | | 2024 | 0 | | Total | 2022 | 0 | | | 2023 | 5 | | | 2024 | 0 | TABLE 3 Status of Franchised Outlets for years 2022 to 2024
| State | Year | Outlets at the Start of the Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 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, there were no Bft franchises terminated in Missouri during the year 2022. The provided table in Item 20 outlines the franchise activities across various states, including Missouri. For 2022, the table indicates zero terminations for Bft franchises in Missouri. This suggests that all Bft franchises in Missouri remained operational throughout that year, with no franchise agreements being ended by the franchisor.
This information is crucial for potential franchisees as it provides insight into the stability and relationship between Bft and its franchisees in Missouri. A low number of terminations can be seen as a positive indicator, suggesting that franchisees are generally successful and satisfied with their Bft franchise. However, it is important to consider this data in conjunction with other factors, such as the number of new Bft outlets opened and the overall performance of Bft franchises in Missouri.
Prospective franchisees should also investigate the reasons behind any terminations that may have occurred in other years or states to gain a comprehensive understanding of the potential risks and challenges associated with operating a Bft franchise. Understanding the context behind terminations, such as performance issues or disputes, can help franchisees make informed decisions and prepare for potential issues. This data point contributes to a broader assessment of the health and stability of the Bft franchise system.