How many new Bft outlets opened in California during 2023?
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 | 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 6 new Bft outlets opened in California during 2023. The table provided in Item 20 of the FDD details the number of outlets opened, terminated, and ceased operations for each state over the past three years.
Specifically, for California in 2023, the table indicates that there was 1 outlet at the start of the year and 6 outlets opened during the year. There were no terminations, non-renewals, re acquisitions by the franchisor or ceased operations for other reasons. This brought the total number of Bft outlets in California to 7 by the end of 2023.
This information is valuable for prospective franchisees as it provides insight into the growth and stability of the Bft franchise system in specific geographic areas. Observing the number of new openings, closures, and transfers can help potential franchisees assess the brand's performance and market penetration in different regions.