What was the total franchise revenue, net, for Bft for the year ended December 31, 2024?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year Ended December 31, 2024 | For the period March 6, 2023 (date of inception) to December 31, 2023 | |
|---|---|---|
| Revenue, net: | ||
| Franchise revenue | $ 160,877 | $ 521 |
| Franchise marketing fund revenue | 31,888 | — |
| Other service revenue | 11,789 | — |
| Total revenue, net | 204,554 | 521 |
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the total franchise revenue, net, for the year ended December 31, 2024, was $204,554. This figure represents the sum of franchise revenue ($160,877), franchise marketing fund revenue ($31,888), and other service revenue ($11,789).
For a prospective Bft franchisee, this indicates the total revenue Bft generated from its franchise operations during that year. It's important to note that this is the franchisor's revenue, not the revenue of individual franchise locations. Franchisees should focus on Item 19 within the FDD to understand potential revenues and expenses at the studio level.
Additionally, the FDD provides comparative figures for the period from March 6, 2023 (date of inception) to December 31, 2023, showing a total revenue, net, of $521. This substantial increase in revenue from 2023 to 2024 suggests significant growth in Bft's franchise operations. However, prospective franchisees should investigate the reasons for this growth and whether it is sustainable.
Understanding the franchisor's revenue streams can help potential franchisees assess the financial stability and potential support they might receive from Bft. However, it is crucial to differentiate between the franchisor's revenue and the potential revenue of an individual franchise, which will depend on factors like location, market conditions, and the franchisee's management skills.