How many Bft outlets were operating in Nebraska at the start of 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 |
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 was one Bft outlet operating in Nebraska at the start of 2024. This indicates that Bft had established a presence in Nebraska by the end of 2023, with one outlet opening during that year.
For a prospective franchisee, this information provides insight into Bft's growth and market penetration strategy. The fact that there was already an operating outlet in Nebraska at the beginning of 2024 suggests that Bft has initiated its expansion into this state. This could be seen as a positive sign, indicating that Bft has already taken the initial steps to establish its brand in the Nebraska market.
It's important to note that while there was one outlet at the start of 2024, no additional outlets opened, terminated, or ceased operations during 2024, leaving one outlet at the end of the year. This could indicate a period of stabilization or a deliberate pause in expansion within Nebraska during that specific year. A potential franchisee should further investigate Bft's plans for growth in Nebraska and the support provided to existing franchisees in the state.