What was the net change in the number of franchised Bft outlets during 2024?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised 2 | 2022 | 2 | 2 | 0 |
| 2023 | 2 | 32 | +30 | |
| 2024 | 32 | 49 | +17 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–79)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2024 was an increase of 17. At the start of 2024, there were 32 franchised Bft outlets, and by the end of the year, this number had grown to 49. This indicates a significant expansion of the Bft franchise system during that year.
For a prospective franchisee, this growth trend could be seen as a positive sign, suggesting that the Bft business model is gaining traction and acceptance in the market. However, it's important to investigate further to understand the factors driving this growth. A potential franchisee should consider whether the growth is sustainable and if it is evenly distributed across different regions or markets.
It would be prudent for a potential Bft franchisee to investigate the reasons behind the net change. Understanding the number of new openings versus closures or terminations can provide a more nuanced picture of the franchise's health. Furthermore, examining the performance of existing franchises and the support provided by Bft to its franchisees is crucial in assessing the overall viability of the franchise opportunity.