In what year did one Bft franchise in Missouri cease operations for reasons other than termination, non-renewal, or reacquisition?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
cation, or (b) it has no sales for nine consecutive months or more, whichever comes first. Thus, the total number of open Studios provided above may not equal the number of open Studios cited in XFI's publicly-filed documents.
TABLE 2 Transfer of Outlets from Franchisees to New Owners for years 2022 to 2024
| 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 | TABLE 3 Status of Franchised Outlets for years 2022 to 2024
| State | Year | Outlets at the Start of the Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 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, one Bft franchise in Missouri ceased operations for reasons other than termination, non-renewal, or reacquisition in 2024. The table provided in Item 20 of the FDD outlines the changes in Bft franchise locations over the past three years. Specifically, it lists the number of outlets at the start of the year, outlets opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations for other reasons, and outlets at the end of the year. This information is broken down by state and year.
For a prospective Bft franchisee, this data offers insights into the stability and performance of existing franchises. The fact that a Bft location in Missouri closed for a reason other than the typical causes (termination, non-renewal, or reacquisition) could indicate potential challenges in that market or specific operational issues. It is important to note that 'ceased operations – other reasons' can encompass a variety of factors, such as the franchisee's personal circumstances, unforeseen economic downturns, or site-specific problems.
It would be prudent for a potential franchisee to investigate further into the reasons behind this closure. Understanding the specific circumstances that led to the cessation of operations can help a new franchisee anticipate and mitigate similar risks in their own Bft franchise. This information is valuable for assessing the overall risk and opportunity associated with investing in a Bft franchise in a particular region.