What was the total number of Bft franchise transfers across all states in 2023?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| State | Year | Number of Transfers |
| --- | --- | --- |
| Nevada | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Tennessee | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Texas | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 0 | |
| Total | 2022 | 0 |
| 2023 | 5 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–79)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, there were a total of 5 franchise transfers across all states in 2023. This number reflects the transfer of existing Bft franchises from current franchisees to new owners. Franchise transfers can occur for various reasons, such as a franchisee's decision to retire, pursue other business ventures, or due to personal circumstances.
For a prospective Bft franchisee, the number of transfers can provide insights into the stability and desirability of the franchise system. A low number of transfers might suggest that franchisees are generally satisfied with their investment and the support provided by Bft. Conversely, a high number of transfers could indicate potential issues within the franchise system, such as low profitability, lack of support, or disagreements between franchisees and the franchisor.
It's important to note that the transfer of a franchise typically involves a process that includes approval from Bft, training for the new franchisee, and potential transfer fees. Prospective franchisees should inquire about the specific requirements and costs associated with transferring a Bft franchise to fully understand the implications of buying an existing Bft location versus starting a new one.