Where is Timothy Weiderhoft's principal business address located, and how does it relate to the principal business address of Bft?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
In Re Timothy Paul Weiderhoft and Dena Rose Weiderhoft (Case No. 2:23-bk-05397-BKM; Bankruptcy Court, District of Arizona). On August 9, 2023, Xponential's Chief Operating Officer of North America, Timothy Weiderhoft, and his wife filed a personal Chapter 7 bankruptcy petition after an unrelated restaurant venture failed in light of the COVID-19 pandemic. A discharge was granted by the bankruptcy court on December 20, 2023. Mr. Weiderhoft's principal business address is our principal business address.
Source: Item 4 — BANKRUPTCY (FDD page 18)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, Timothy Weiderhoft's principal business address is the same as Bft's. Mr. Weiderhoft holds the position of Chief Operating Officer, North America, as of February 2025.
This indicates a close tie between Mr. Weiderhoft and the Bft franchise, as his business address is the same as the company's headquarters. For a prospective franchisee, this could mean that the COO is directly involved in the operations and management of the franchise system.
It is worth noting that the FDD also discloses that Mr. Weiderhoft filed a personal Chapter 7 bankruptcy petition in August 2023, which was discharged in December 2023, due to a failed restaurant venture unrelated to Bft. While this is a separate matter, prospective franchisees may want to consider this information as part of their due diligence.