What is the median Gross Revenue for all 29 Bft Qualified Studios during the Measurement Period?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| Number of Qualified Studios | Average | Median | Range (Min) | Range (Max) | Number / Percentage of Qualified Studios that Met or Exceeded the Average | |
|---|---|---|---|---|---|---|
| 1st Quartile | 7 | $558,591 | $537,434 | $480,798 | $746,418 | 2 / 29% |
| 2nd Quartile | 7 | $387,262 | $386,515 | $342,269 | $417,206 | 3 / 43% |
| 3rd Quartile | 7 | $306,277 | $303,011 | $277,836 | $329,200 | 3 / 43% |
| 4th Quartile | 8 | $212,714 | $223,575 | $167,120 | $252,602 | 5 / 63% |
| Total | 29 | $360,918 | $329,200 | $167,120 | $746,418 | 13 / 45% |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 67–75)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the median Gross Revenue for all 29 Qualified Studios during the Measurement Period (January 1, 2024 to December 31, 2024) was $329,200. The average Gross Revenue for these studios was $360,918, with a range from $167,120 to $746,418.
Bft calculated these figures from data reported by franchisees' studio management software or profit and loss reports. The company states that it believes the characteristics of the studios included in this Item 19 will not materially differ from studios operated by new franchisees. However, the FDD also contains a disclaimer that individual results may vary and there is no assurance that a franchisee will earn as much.
The Item 19 data is broken down into quartiles, showing the performance of the top, middle, and bottom performers. For all 29 Qualified Studios, 45% (13 studios) met or exceeded the average Gross Revenue. This detailed breakdown allows prospective franchisees to see a range of performance levels within the Bft franchise system.
It is important for potential franchisees to carefully review the entire Item 19 and consider the factors that could influence their studio's performance, such as location, market conditions, and management skills. They should also request written substantiation for these financial performance representations from Bft and consult with existing franchisees to gain a better understanding of the potential financial outcomes.