What is the consequence of not curing a default related to Fitstop's initial training?

According to Fitstop's 2024 Franchise Disclosure Document, failure to complete all required initial training to Fitstop's satisfaction may result in default, and if the default is not cured, it can lead to the termination of the Franchise Agreement.

This means that Fitstop franchisees must ensure they, their managers, and their initial staff of authorized instructors (the "Initial Training Team") complete the Initial On-Site Training. This training is typically provided around the opening of the franchised business. The initial training program includes instructional materials, remote training modules, job aids, and checklists. The program is subject to change without notice to reflect updates in materials, methods, manuals, and personnel changes. The subjects taught and the time periods allocated for each subject may vary based on the experience of the people being trained.

For a prospective franchisee, this underscores the importance of fully committing to and successfully completing the initial training program. Failure to do so can have serious repercussions, including the loss of the franchise. Franchisees should clarify with Fitstop what specific metrics or evaluations are used to determine satisfactory completion of the training to avoid any misunderstandings. Franchisees should also budget for potential additional training or remedial actions that may be required to meet Fitstop's standards.