BFT
BFT franchises operate fitness studios offering live instructional group and individual classes focused on strength and endurance training, high-intensity interval training, resistance training, hypertrophy-style training, and other approved services using designated equipment and following the BFT System standards. The business model grants franchisees the right to develop and operate studios, with options for single-unit or multi-unit development agreements, involving initial investment fees paid to the franchisor or affiliates and adherence to operational manuals via a learning management system. The target market includes fitness enthusiasts seeking structured, boutique-style workouts in a competitive landscape of gyms, personal trainers, and other exercise studios.
Franchise Costs
7% royalty + 2% brand fund + $715/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 29 Qualified Studios (third-party franchised outlets) that were open and operated for the entire Measurement Period from January 1, 2024 to December 31, 2024.
* Gross Revenue, Median Gross Revenue, Revenue Top Quartile, and Revenue Bottom Quartile were extracted directly from the 'Gross Revenue of Qualified Studios' table (Part A-1) for the total and quartile averages/medians. The provided 'Total Average' of $360,918 was verified by calculating a weighted average from the quartile data: (7*$558,591 + 7*$387,262 + 7*$306,277 + 8*$212,714) / 29 = $360,918. No explicit gross profit, net income, net profit, or EBITDA figures were provided or could be calculated from available data.
Extracted Item 19 Section
How BFT Compares
Key Insights
- Higher investment than 80% of Fitness Studios franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
BFT Current | $510K – $1.2M | $60K | 7.0% | 49 |
| Planet Fitness | $1.5M – $5.2M | $20K | 7.0% | 2,298 |
| ANYTIME FITNESS | $459K – $908K | $43K | N/A | 2,290 |
| F45 Training | $349K – $786K | $60K | 7.0% | 751 |
| Pure Barre | $314K – $629K | $60K | 7.0% | 617 |
| HOTWORX | $259K – $878K | $20K | N/A | 578 |
Fitness Studios Average 55 franchises | $425K – $1.0M | $47K | 6.9% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+6 more states
Franchisee Contacts
58 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
58 Contacts Available
Unlock all BFT franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Former BFT and CycleBar franchisee alleging violations of California Franchise Investment Law, untrue statements in FDDs, breach of franchise agreements, fraudulent inducement and omissions.
Bankruptcy (Item 4)
Xponential COO Timothy Weiderhoft and wife filed Chapter 7 in August 2023 (discharged December 2023). Instant Brands (former employer of CMO Louise Ocasion) filed Chapter 11 in June 2023 (emerged 2024).
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a BFT franchise ranges from $509,836 to $1,204,045. This includes a franchise fee of $60,000. Ongoing royalty fees are 7.0% of gross sales.
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