How many Bft outlets were reacquired by the franchisor in Connecticut 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 zero Bft outlets reacquired by the franchisor in Connecticut during 2023. The table provided in Item 20 outlines outlet information by state and year, including the number of outlets reacquired by the franchisor.
For a prospective franchisee, this data indicates that in Connecticut, Bft did not take back any franchise locations in 2023. This could suggest stability in the Connecticut market, or it could simply reflect the small number of Bft locations in the state.
It is important to note that while no locations were reacquired, one new Bft outlet did open in Connecticut during 2023. Reviewing this data over multiple years can provide a more comprehensive understanding of the relationship between Bft and its franchisees in specific states.