How many Bft outlets were operating in Nebraska at the end of 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 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–79)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, at the end of 2023, there was one Bft outlet operating in Nebraska. At the start of 2023, there were no Bft locations in Nebraska. During 2023, one new Bft location was opened in Nebraska. There were no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations. Therefore, the total number of Bft outlets operating in Nebraska at the end of 2023 was one.
This information is valuable for prospective franchisees as it provides insight into Bft's growth and presence in specific states. The data helps potential franchisees understand the existing market saturation and the brand's development trajectory in different regions. This can inform their decision-making process regarding location selection and market potential.
It's important to note that past performance is not indicative of future results. While the data shows growth in certain states, various factors can influence future expansion and success. Prospective franchisees should conduct their own market research and due diligence to assess the viability of a Bft franchise in their desired location.