How many Bft outlets in Florida opened during 2024?
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 two Bft outlets opened in Florida during 2024. The table provided in Item 20 details the number of outlets opened, terminated, and the number of outlets at the end of the year for each state. At the start of 2024, there was one Bft outlet in Florida.
The information in the table shows the changes in the number of Bft outlets in Florida over the course of the year. Specifically, it indicates that two new outlets were opened, and no outlets were terminated, reacquired, or ceased operations for other reasons. This resulted in a total of three Bft outlets in Florida at the end of 2024.
For a prospective franchisee, this data provides insights into the growth and stability of the Bft franchise in Florida. The opening of two new outlets suggests a growing market presence, while the absence of terminations or closures could indicate a healthy franchise environment. It is important to note that past performance is not necessarily indicative of future results, and prospective franchisees should conduct their own due diligence to assess the viability of a Bft franchise in their desired location.