How many Bft outlets were operating in Nevada at the start 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 | 0 | 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 zero Bft outlets operating in Nevada at the start of 2023. The table provided in Item 20 of the FDD outlines the status of franchised outlets from 2022 to 2024, showing the number of outlets at the start of each year, outlets opened, and the number of outlets at the end of the year.
Specifically, for Nevada, the table indicates that at the beginning of 2023, there were no existing Bft locations. During 2023, one new Bft outlet was opened in Nevada. By the end of 2023, the total number of Bft outlets in Nevada was one.
This information is valuable for potential franchisees as it provides a clear picture of Bft's growth and presence in specific states. It also helps in understanding the market penetration and potential opportunities for new Bft franchises in different regions.