What information must Fitstop franchisees provide for build-out plan consent?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
- 9.5.3.3 provide us with, and receive our consent with respect to, the plans for the build-out including the plans, design, contractors employed, budget and time frame for the completion of the build-out;
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, franchisees must provide specific details to Fitstop to receive consent for their location's build-out plans. This includes submitting the build-out plans, the design, the contractors they intend to employ, the budget for the build-out, and the timeframe for completing the build-out. Fitstop needs this information to review, approve, and confirm the design and construction of the premises.
This requirement ensures that all Fitstop franchises maintain a consistent brand image and meet the company's standards. By controlling the build-out process, Fitstop can ensure that each location is properly equipped and designed to deliver the Fitstop experience. Franchisees must get consent from Fitstop regarding these plans.
For a prospective franchisee, this means they will need to work closely with Fitstop during the initial setup phase. They'll need to develop a detailed plan that aligns with Fitstop's requirements and be prepared to adjust their plans based on Fitstop's feedback. This also means that franchisees may need to factor in additional time for the approval process when planning their opening timeline. Franchisees must also utilize all approved suppliers that Fitstop designates for any required item in connection with the buildout of the franchised business at the premises.
Furthermore, franchisees must provide updates and reports throughout the buildout of their franchised business and premises on the interval Fitstop sets forth in the manuals or, if no specific timeline is provided, not less than once every two calendar weeks. This ongoing communication ensures that Fitstop is kept informed of the progress and can address any potential issues that may arise during construction.