Must a Fitstop franchisee purchase new model computer(s), tablet(s) and a printer/scanner?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
unless we agree otherwise in writing, we expect that you will purchase new model computer(s), tablet(s) and a printer/scanner, consistent with any more specific directives set forth in the Manuals.
As of the Issue Date, we estimate that the pre-opening costs associated with acquiring the required computer hardware components of our System's computer system ("Computer System") will between $3,000 and $7,000. Please note that this range does not account for any other electronics or security system you must and/or determine to purchase in connection with the Franchised Business buildout, which are covered more fully in Item 7 above. We expect that access to all current Required Software will be afforded to our System franchisees as part of the Technology Fee (which is currently 2% of Gross Revenue as detailed more fully in Item 6).
We will have independent and electronic access to the information and data collected or generated by the Required Software and other Computer System components. There are no contractual limits on our rights to do so. We may require updates and upgrades to the Computer System and/or Required Software from time to time during the term of the franchise agreement. We require updates and upgrades to your hardware, software and other Computer System components as such become available, at your expense, upon providing you with reasonable advance notice via the Manuals or otherwise in writing (i.e., typically 60 or more days). There are no contractual limitations to the frequency and cost of the obligation to upgrade and maintain these items. With that said, we do not currently have any specific ongoing maintenance and/or support contract requirements other than working with our third-party Approved Supplier for billing/collection and related services. We estimate that you may spend an average of between $500 and $1,500 (per year from the date you acquire the same) on annual updates and maintenance to the Computer System hardware, includin
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 24–35)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, franchisees are generally expected to purchase new model computers, tablets, and a printer/scanner. However, this requirement is subject to written agreement with Fitstop, allowing for potential exceptions. These purchases must align with the specifications outlined in Fitstop's manuals.
The estimated pre-opening costs for the required computer hardware components range from $3,000 to $7,000. This range does not include other electronics or security systems that franchisees may need or choose to purchase. Access to the necessary software is typically included in the Technology Fee, which is currently 2% of Gross Revenue.
Fitstop may require updates and upgrades to the computer system and software over the franchise term. Franchisees are responsible for the expenses associated with these updates, provided they receive reasonable advance notice, usually 60 or more days. While there are no contractual limitations on the frequency and cost of these upgrades, Fitstop estimates annual updates and maintenance to the computer system hardware, including minor upgrades, may cost between $500 and $1,500 per year from the date of purchase.