How must the Bft Sourcing Fee be paid?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
NITIAL INVESTMENT**
A. Franchise Agreement
| Type of Expenditure 1 | Low Amount | High Amount | Method of Payment | When Due | To Whom Payment Is to be Made |
|---|---|---|---|---|---|
| Initial Franchise Fee 2 | $60,000 | $60,000 | Lump sum by certified check or bank wire | At signing of Franchise Agreement | Us |
| Sourcing Fee2 | $0 | $28,000 | Lump sum |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 26–32)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the Sourcing Fee is payable in a lump sum by certified check or bank wire. This payment is due at the signing of the Franchise Agreement, and it is to be made to Bft. The Sourcing Fee ranges from $0 to $28,000.
For prospective Bft franchisees, this means that upon signing the Franchise Agreement, you must be prepared to pay the Sourcing Fee via certified check or bank wire. The exact amount will depend on factors not specified in the excerpt, but it will fall within the $0 to $28,000 range. This is in addition to other fees due at signing, such as the Initial Franchise Fee.
It is important to note that all amounts payable to Bft are non-refundable unless otherwise specified. Franchisees should factor this non-refundable aspect into their financial planning and due diligence before signing the Franchise Agreement. Understanding the specific conditions under which a refund might be possible, if any, is a crucial part of assessing the financial risk involved in investing in a Bft franchise.