Can the boundaries of a Fitstop Designated Territory be amended?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
As part of our current standard offering, we expect and intend to award you a geographical area wherein: (i) you must locate and secure an approved Premises; and (ii) we will afford you certain territorial rights as disclosed more fully in Item 12 of this Disclosure Document (your "Designated Territory"). Once you secure an approved Premises within that Designated Territory within the timeline set forth in your Franchise Agreement, we may mutually agree to amend the boundaries of the Designated Territory in a separately-signed addendum to provide territorial rights within the area that immediately surrounds the actual Premises where the Franchised Business is being operated.
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, the boundaries of a franchisee's Designated Territory can be amended under specific circumstances. Initially, Fitstop will award a franchisee a Designated Territory where they must locate and secure an approved Premises.
Once the franchisee secures an approved Premises within the Designated Territory within the timeline outlined in the Franchise Agreement, Fitstop may mutually agree to amend the boundaries of the Designated Territory. This amendment would be formalized in a separately-signed addendum.
The purpose of this amendment is to provide territorial rights within the area that immediately surrounds the actual Premises where the Fitstop franchised business is being operated. This suggests that the initial territory provides a broader area for site selection, while the amended territory focuses on protecting the immediate vicinity of the chosen location.