Does Fitstop expect to have approved suppliers for other inventory items and paper goods?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
As of the Issue Date, we expect and intend to have Approved Suppliers for the following items you must purchase in connection with your Franchised Business as of the Issue Date of this Disclosure Document: (i) certain furniture, fixtures, equipment and supplies you must purchase to buildout and/or operate your Franchised Business; (ii) site selection and other real estate services (recommended, but not necessarily required); (iii) software and technology we designate for use in connection with the System; (iv) signage furniture, fixtures, equipment, supplies and inventory comprising the Start-Up Equipment and Supplies
Package (detailed more fully in Item 8); (v) other inventory items and paper goods; (vi) branded items and retail merchandise, including certain Approved Products; (vii) certain marketing materials and services, which may include digital marketing and collateral such as flyers, coupons, banners, flags and similar promotional items; (viii) music licensing services (for use at your Premises); and (ix) project management and related services associated with the buildout and design of your Franchised Business (optional, not required).
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 19–23)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, Fitstop expects to have approved suppliers for certain items that franchisees must purchase. As of the FDD's issue date, Fitstop anticipates having approved suppliers for other inventory items and paper goods.
Fitstop maintains the right to mandate that franchisees acquire necessary items or services from approved or designated suppliers. These suppliers may include Fitstop itself or its affiliates. Fitstop will furnish a written list of current approved suppliers, which may be updated or modified as deemed necessary.
Fitstop also reserves the right to appoint itself, its affiliates, or any third party as the designated or approved supplier for any required item in the future. This will be communicated through the manuals or other prior written notice. If a franchisee wishes to use non-approved products or purchase from non-approved suppliers, they must seek written approval from Fitstop and may be subject to an evaluation fee, potentially costing $1,000 per proposal, along with covering any incurred costs for evaluation and testing.