Can Fitstop designate a product which is not an Approved Product as an Approved Product during the Term?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
- 12.4.2 Changes in Approved Products. We, where reasonably necessary to protect or promote our legitimate commercial interest, may at any time during the Term: (1) designate a product which is not an Approved Product as an Approved Product; (2) designate a product which is an Approved Product as no longer having that status; and (3) change a standard with respect to an Approved Product, and you must implement the change within 30 calendar days of your receipt of written notice of the change from us.
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, Fitstop has the right to designate a product that was not previously approved as an Approved Product during the term of the agreement. Fitstop can also remove the Approved Product status from a product that previously had that designation.
Fitstop can also change a standard with respect to an Approved Product. If Fitstop makes any of these changes, the franchisee must implement the change within 30 calendar days of receiving written notice from Fitstop.
This clause gives Fitstop considerable control over the products offered at the franchise. It is important for a prospective franchisee to stay up-to-date with any changes and ensure they can adapt their business accordingly within the specified timeframe. Franchisees should factor in potential costs and logistical challenges associated with such changes.