BFT

Founded in 2017 in Melbourne, Australia by fitness industry veteran Cameron Falloon, BFT offers a community-based 50-minute functional training and strength-based program across 13 workouts. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. By combining cardio with resistance programs, members benefit from training a different energy system and different muscle types every day to diversify movement patterns that aim to reduce fat and create lean muscle. Members get the very best, most effective workout by learning how to fully utilize the best-in-class equipment BFT offers, from barbells, squat racks, kettlebells, slamballs, plyometric boxes, and battle ropes, to resistance bands, Concept 2 SkiErg's, RowErgs, and bikes.

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BFT Franchise Cost and Requirements for 2024

Background

Top Selling Points:

  • AUVs
  • Sustainability: Weight Resistance Training is embedded in our American Culture, has been in existence for decades. It is one of most core and foundational forms of exercise proven to deliver results.
  • Semi-Absentee: As an Executive Model, you can effectively hire someone to Manage the Studio
  • Proven Business Model: 150 operating studios today & now leveraging the Xpo Sales & Marketing Ops
  • Demand: Covid, Growing Obesity, Aging Population; All-age, uni-sex broad market creates High demand for services
  • EFT business model: drives consistent predictable reoccurring revenue
  • Hundreds of A-quality retail locations: a unique brand/ Xpo backed
  • Fast ramp up: Low overhead model creates a fast path to profitability

Recession Resistant
Weight Training has been around for decades in the fitness segment, which is one of the most recession proof segments in franchising today. Weight Training will never go away...and during downturns people focus more on themselves with personal services and fitness to make themselves feel better. BFT is delivering the most experiential community offering in the country, in an unmatched platform, at a reasonable and moderate price point, as close to having your own personal trainer in a small group environment! The Fitness industry grew from an 18B industry to a 21B industry from 2008 - 2011!

Company Details

Established: 2017
First Unit Franchised: 2017
Franchised Units: 300 open / 500 sold globally (30 locations open in North America, still ripe territory in North America!!)
Company Owned Units: 0
States Registered In: FDD is filed

Canada Franchises: Yes
International Franchises: No

Support and Training Offered By BFT

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
Comprehensive training and extensive ongoing support are pivotal for your success as a BFT Franchise Owner.
  • REAL ESTATE - Comprehensive training and extensive ongoing support are pivotal for your success as a BFT Franchise Owner.
  • CONSTRUCTION & DESIGN - We'll guide you through the entire buildout process from approved layout and general construction to interior design, music, and technology - leaving you with a curated multi-sensory, immersive studio with lighting, & sound.
  • SALES - Enjoy comprehensive & ongoing sales training, monthly calls & expert guidance from pre-sale through to Grand Opening & into sustainability.
  • RECRUITMENT - Your team is at the core of your studio's success. Receive assistance hiring and developing the most qualified trainers, general manager, and sales team.
  • MARKETING - The minute you execute your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads.
  • BFT is part of the Xponential Fitness family of brands, the curator of leading fitness & wellness brands across every vertical in boutique fitness. With decades of fitness and franchising experience across our team, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise owners.

2024 Franchise Requirements Needed to Own a BFT Franchise.

What does a BFT Franchise Cost?

BFT franchise fees for 2024:

Cash Investment: $100,000
Total Investment: $362,700 - $548,600
Minimum Net Worth: $500,000
Franchise Fee: $60,000
Royalty: 7%
Ad: 2%
Item 19: Yes
Average Number of Employees: 8
Visa Candidates: Yes
Passive Ownership: Yes - Semi-Absentee Ownership: The franchisee will need to hire a general manager for day-day operations.
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No

Is BFT a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. BFT is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is BFT a Home Based franchise?

No. BFT is not a home based franchise opportunity.

What Do BFT Franchise Owners Make?

Click here to find out how much BFT franchisees make. BFT offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is BFT a Master Franchise Opportunity?

No. BFT is not a master franchise opportunity.

Does BFT Offer a Veteran Discount?

No. BFT franchise does not offer a veteran discount.

Does BFT Work with E2 Visa and EB-5 Visa Candidates?

Yes. BFT franchise does work with E2 Visa and EB-5 Visa candidates.

Is BFT Looking for Franchisees in Canada?

Yes. BFT franchise is looking for Canada franchisees.

Is BFT Looking for International franchisees?

No. BFT franchise is not looking for International franchisees.

Where can I see BFT's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Fitness, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

BFT Franchises for Sale

Click Here to inquire about existing BFT franchises for sale. We may have BFT franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.