Where can I find the updated Training Fee for Fitstop?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
dar month once you are required to have your Franchised Business open and operating.
- ©2024 Fitstop USA, Inc. 13.7 Other Fees Payable to Us and Local Marketing Requirement ("LMR"). You must ensure that all payments are timely made and/or payable out of your Designated EFT Account to cover any
and all Training Fees (whether for Instructor Training for a new/replacement Auhtorized Instructor or fee applicable to any other additional/remedial training, as set forth in our Manuals or otherwise in writing), Transfer Fee(s), Renewal Fee, Local Marketing Requirement and/or other marketing/advertising and/or promotional expenditures, to the extent such amounts are payable to us and/or any of our Approved Suppliers.
- 13.8 Other Amounts Payable to Third-Party Approved Supplier(s) and/or Otherwise in Connection with the Franchised Business. You must ensure that timely payment is made with respect to all amounts due and owing to: (i) any designated or other Approved Supplier for Required Items (products or services) that we designate in our Manuals or otherwise in writing, including our then-current Approved Supplier for merchant processing services, consistent with the applicable Approved Supplier's invoicing, terms and conditions; and (ii) any other third-party landlord, supplier, provider or other vendor that has been used or engaged by you in connection with the establishment and/or ongoing operation of the Franchised Business.
- 13.9 Related Acknowledgements. The parties acknowledge and agree that (i) all payments made by members in respect of Approved Products and/or Approved Services which you provide to members from your Franchise must be processed through our online ordering system via our website or our application;
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the updated Training Fee can be found in the Manuals. Specifically, Item 23 outlines that franchisees must make timely payments for all Training Fees, whether for Instructor Training for new or replacement Authorized Instructors, or for any additional or remedial training. These fees are detailed in the Fitstop's manuals or otherwise in writing.
The FDD also mentions that Fitstop will provide Instructor Training to up to five prospective Authorized Instructors tuition-free as part of the Initial Franchise Fee when the Franchised Business opens. However, any replacement or new personnel that a franchisee wishes to serve as an Authorized Instructor will require Instructor Training, for which Fitstop may charge its then-current Training Fee. This training may be provided remotely or otherwise.
Furthermore, if a franchisee requests or Fitstop determines that additional training is required beyond what is described in the agreement, Fitstop will provide it at their then-current training fee. This fee will be set forth and updated in the Manuals from time to time as Fitstop determines appropriate. Franchisees are also responsible for all fees and costs related to seminars and supplementary trainings, as well as meetings, conferences, and annual conventions.
Therefore, to find the most up-to-date Training Fee, a prospective franchisee should consult the Fitstop manuals or request the information in writing from the franchisor, as the fees are subject to change and are not explicitly listed in the FDD excerpts provided.