factual

Besides functional fitness group training facilities, what other activities is Fitstop in the business of?

Fitstop Franchise · 2024 FDD

Answer from 2024 FDD Document

We are in the business of franchising functional fitness group training facilities that operate under the Proprietary Marks (each, a "Franchised Business"), as well as related activities related to the ownership and administration of the franchise system and franchisee network.

The general market for functional fitness group training facilities is fitness enthusiasts seeking to take their performance to the next level. Services offered by the franchise include membership-based group training, personal training, and lifestyle transformation challenges. Additionally, franchisees sell a range of approved products such as supplements and clothing.

Our performance-based product is strengthened by our technology that has made us competitive on a global scale. It all starts with the custom-built FITSTOP® App, which controls the entire member journey whilst linking to an ecosystem of performance tools for franchise owners to grow their businesses. Being custom-built and not owned by third parties has allowed us to be adaptive, strategic and elevates our member experience, education, performance, and gamification to be industry leading.

As noted more fully in Item 11 of this Disclosure Document, our standard franchise offering assumes and accounts for us providing the System Instructor Training, which is currently provided remotely via an online learning management system (or "LMS"), in connection with up to (5) individuals – including you or, if Franchisee is an entity, its operating principal (or "Franchise Operator") – prior to the opening of your Franchised Business without charging any additional training tuition or fee(s), as detailed more fully in Items 7, 8 and 11 of this Disclosure Document.

Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–9)

What This Means (2024 FDD)

According to Fitstop's 2024 Franchise Disclosure Document, besides operating functional fitness group training facilities, Fitstop is also involved in activities related to the ownership and administration of the franchise system and franchisee network.

Fitstop franchises offer membership-based group training, personal training, and lifestyle transformation challenges. Additionally, Fitstop franchisees sell approved products like supplements and clothing. The brand aims to attract the "everyday athlete" and emphasizes strength and conditioning training, setting itself apart from competitors focused on high-intensity interval training.

Fitstop utilizes a custom-built app to manage the member journey and provide performance tools for franchise owners. This technology aims to enhance member experience, education, performance, and gamification. The FDD also mentions that Fitstop provides System Instructor Training, via an online learning management system, for up to five individuals prior to the opening of the franchised business without additional fees.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.