How will Bft notify franchisees of changes to the Technology Fee?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor may charge Franchisee a recurring technology fee, the amount of which may change from time to time during the Term, in Franchisor's discretion, to pay for certain aspects of Franchisee's computer system and/or software used in the operation of the Studio ("Technology Fee").
Franchisor reserves the right to designate and/or change the amount, scope, interval, or manner of payment of the Technology Fee, including the party to whom payment is made, at any time upon providing reasonable written notice to Franchisee; provided, however , Franchisor will not increase the Technology Fee by more than 10% annually.
The Technology Fee may be collected by Franchisor at the same time as the Royalty Fees due hereunder.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, Bft may charge franchisees a recurring technology fee, the amount of which may change during the term of the agreement. This fee is intended to cover aspects of the franchisee's computer system or software used in the operation of the studio. Bft retains the right to modify the amount, scope, interval, or payment method of the Technology Fee.
Bft will provide reasonable written notice to the franchisee before any changes to the Technology Fee take effect. However, Bft will not increase the Technology Fee by more than 10% annually. The Technology Fee may be collected at the same time as the Royalty Fees.
This means that as a Bft franchisee, you should be prepared for potential changes to the Technology Fee, but Bft is obligated to inform you in writing of any such changes. It is important to factor in the possibility of these changes when budgeting for your franchise, keeping in mind the annual cap on increases. Franchisees should pay close attention to any notices from Bft regarding the Technology Fee to stay informed about potential cost adjustments.