What was the median gross revenue for Bft studios in Month 4?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of New Studios | 21 | 20 | 19 | 13 | 12 | 9 | 7 | 6 | 3 | 3 | 0 | 0 | |
| Gross | Average | $12,605 | $22,865 | $23,712 | $22,885 | $22,900 | $27,705 | $28,953 | $29,193 | $25,248 | $20,825 | N/A | N/A |
| Revenue | |||||||||||||
| Number / Percentage of New Studios that met or exceeded the average | 11 / 52% | 8 / 40% | 9 / 47% | 6 / 46% | 5 / 42% | 4 / 44% | 2 / 29% | 3 / 50% | 2 / 67% | 2 / 67% | N/A | N/A | |
| Median | $14,436 | $20,656 | $21,225 | $20,408 | $21,117 | $22,431 | $20,885 | $24,899 | $32,185 | $29,708 | N/A | N/A | |
| Range (Max) | $24,168 | $47,445 | $53,823 | $51,440 | $57,530 | $66,084 | $69,827 | $67,280 | $37,000 | $34,417 | N/A | N/A | |
| Range (Min) | $1,511 | $11,155 | $9,832 | $9,163 | $6,993 | $7,301 | $8,849 | $6,559 | $6,560 | -$1,650 | N/A | N/A |
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 new studios in Month 4 was $20,408. This data is based on the performance of New Studios, defined as those owned and operated by a franchisee that conducted its Soft Opening in calendar year 2024, excluding studios at Non-Traditional Sites. Month 1 refers to the calendar month in which the studio launched its Soft Opening.
This figure represents the midpoint of gross revenues achieved by these new Bft studios during their fourth month of operation. It is important to note that gross revenue data includes revenue generated after the Soft Opening and does not include pre-opening membership sales. The FDD specifies that the data was obtained directly from franchisees' studio management software or profit and loss reports.
It is important for prospective franchisees to understand that these results are from a specific set of studios and individual results may vary. The FDD explicitly states that there is no assurance that a new franchisee will earn as much. Bft encourages prospective franchisees to report any unauthorized financial performance information or projections to their management, the Federal Trade Commission, and appropriate state regulatory agencies.
Understanding the definitions of key terms such as "Active Members," "New Memberships," and "Soft Opening" is crucial for interpreting this data accurately. The financial performance representation is based on historical data, and Bft does not anticipate material differences between the characteristics of the studios included in Item 19 and those operated by new franchisees.