What information related to a development must a Fitstop franchisee provide to Fitstop?
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;
9.5.3.4 engage competent, licensed contractors to complete the works in a proper and workmanlike manner and in a manner to ensure timely completion of the buildout;
9.5.3.5 manage, supervise, and ensure that the buildout is completed by competent, licensed tradesmen in a proper and workmanlike manner;
9.5.3.6 secure appropriate insurances in connection with the buildout;
9.5.3.7 correct any defects in the buildout;
9.5.3.8 ensure the build-out complies with all requirements we specify in the Manual(s) and any government regulatory requirements;
9.5.3.9 verify compliance with all laws and regulations that may be imposed by local, state, and federal agencies in relation to the buildout; and
9.5.3.10 ensure that you pay any and all amounts due in connection with the buildout and other development activities associated with establishing the Franchised Business at the Premises, which may include amounts due to our Approved Supplier(s) and/or us.
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, a franchisee must provide Fitstop with specific details regarding the build-out of their franchise location. This includes submitting plans for the build-out, such as the design, contractors, budget, and timeframe for completion. The franchisee must receive Fitstop's consent regarding these plans.
This requirement ensures that the franchisee engages competent, licensed contractors to complete the work in a proper and timely manner. The franchisee is also responsible for managing, supervising, and ensuring the build-out is completed by qualified tradesmen. Additionally, the franchisee needs to secure appropriate insurance for the build-out and correct any defects that may arise during the process.
Furthermore, the franchisee must ensure that the build-out complies with all requirements specified in Fitstop's manuals and any government regulatory requirements. They are also responsible for verifying compliance with all laws and regulations imposed by local, state, and federal agencies. The franchisee must ensure that all payments related to the build-out and other development activities are paid, including amounts due to Fitstop's approved suppliers or directly to Fitstop. This comprehensive oversight allows Fitstop to maintain brand consistency and regulatory compliance across all franchise locations.