If Fitstop requires an on-site evaluation, what must the franchisee submit beforehand?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
We will make reasonable efforts to approve or reject any proposed location within 30 days of the date you provide us with all requested materials. If we determine that an on-site evaluation is necessary, then you must: (i) submit to us in the form we specify a description of the site prior to our representative conducting its on-site evaluation, including evidence that the site satisfies our site selection guidelines and any other information and materials that we may reasonably require, including a letter of intent or other evidence that confirms your favorable prospects for obtaining the site; and (ii) reimburse us for the expenses incurred in connection with such an evaluation. If we do not provide our specific approval of a proposed location within this 30-day period, the proposed location will be deemed rejected.
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, if Fitstop determines that an on-site evaluation of a proposed location is necessary, the franchisee must first submit a description of the site. This description must be in a form specified by Fitstop and include evidence that the site meets Fitstop's site selection guidelines.
In addition to demonstrating compliance with site selection guidelines, the franchisee must also provide any other information and materials that Fitstop reasonably requires. This includes a letter of intent or other evidence confirming the franchisee's favorable prospects for obtaining the site.
Furthermore, the franchisee is responsible for reimbursing Fitstop for all expenses incurred during the on-site evaluation. It is important to note that Fitstop will make reasonable efforts to approve or reject any proposed location within 30 days of receiving all requested materials. If Fitstop fails to provide specific approval within this 30-day period, the proposed location will be deemed rejected.