Does the net leasehold improvements estimate for a Bft studio include fees for professional services?

According to Bft's 2025 Franchise Disclosure Document, the net leasehold improvements estimate includes fees for professional services. Specifically, the estimate covers fees for an architect and sound consultant, as well as permitting fees related to building construction. This is important for prospective franchisees to understand because these professional service fees can be significant and need to be factored into the overall cost of opening a Bft studio.

The net leasehold improvements estimate also includes the cost of leasehold improvements, net of estimated tenant improvement allowances. These improvements encompass various aspects of the studio's physical space, such as floor coverings, wall treatments, ceilings, painting, electrical work, carpentry, plumbing, HVAC, and similar work, along with the costs of materials and labor. The FDD notes that Bft expects franchisees will not sign a lease unless the landlord is willing to provide a reasonable tenant improvement allowance, which has historically ranged from $23,625 to $674,325, with a median of $143,940.

Prospective Bft franchisees should carefully consider these costs and the potential tenant improvement allowances when evaluating potential locations. Understanding the breakdown of the net leasehold improvements estimate, including professional fees and the scope of physical improvements, is crucial for accurate budgeting and financial planning. Franchisees should also confirm with Bft whether there are any preferred or required architects or sound consultants, as this could impact the overall cost and timeline for completing the leasehold improvements.