What is the definition of Fitstop's Training Fee?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
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| Training Fee(s) | Our then-current training fee for the type of training requested or other assistance/training requested by you and/or required under your Franchise Agreement (our "Training Fee") Currently, our Training Fee(s) are as follows: (i) $1,500 for the training that we provide and afford access to each individual that you wish to engage and appoint as an Authorized Instructor | On demand and as directed by us. | Please see Item 11 of this Disclosure Document for additional information. As previously noted in Item 1, as of the Issue Date we are willing to provide the System Instructor Training remotely to you and up to four (4) additional individuals that you determine to engage and wish to appoint as your initial Authorized Instructors of the Franchised Business, provided these individuals complete such training before undertaking or performing any Approved Services to any Franchised Business clientele. |
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| that will be eligible to provide Approved Services at your Franchised Business (the "Instructor Training"); |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the Training Fee covers the cost of training and assistance requested by the franchisee or required by the Franchise Agreement. The Training Fee is determined by Fitstop's current rates for the specific type of training requested.
Currently, the Training Fees are structured as follows: Instructor Training is $1,500 for each individual the franchisee wishes to engage and appoint as an Authorized Instructor who will be eligible to provide Approved Services at the Franchised Business. Additional training beyond the Initial Training Program is $500 per day per trainer, plus any out-of-pocket costs incurred by Fitstop.
Fitstop also provides System Instructor Training remotely to the franchisee and up to four additional individuals that the franchisee wishes to appoint as initial Authorized Instructors, provided these individuals complete the training before providing any Approved Services to Franchised Business clientele. The Training Fee is on demand and as directed by Fitstop, with additional information available in Item 11 of the Disclosure Document.