How many Bft Qualified Studios are included in the 4th quartile for Gross Revenue?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
In this Part A-1, we sorted the 29 Qualified Studios, ranked (highest to lowest) by the amount of Gross Revenue reported by the Qualified Studios for the Measurement Period, into four (4) quartiles, with the 1st, 2nd, and 3rd Quartiles each comprising 7 Qualified Studios and the 4th Quartile comprising 8 Qualified Studios.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 67–75)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the 4th quartile for Gross Revenue includes 8 Qualified Studios. These studios were sorted and ranked from highest to lowest based on their Gross Revenue during the Measurement Period, which was from January 1, 2024, to December 31, 2024.
The document defines a "Qualified Studio" as one that was owned and operated by a franchisee for the entire Measurement Period, excluding those at Non-Traditional Sites. Gross Revenue includes all revenue generated from the sale and provision of approved services, excluding sales tax.
This information is helpful for prospective franchisees as it provides a distribution of revenue performance across existing Bft locations. Understanding the quartile breakdown can help potential franchisees gauge the range of possible financial outcomes, with the 4th quartile representing the lowest-performing studios in the sample. However, Bft states that individual results may differ, and there is no assurance of earning as much as any studio represented.