How much notice will Fitstop provide before modifying the Technology Fee?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
- 1.5 The Parties and any third party body which the Parties may call upon to interpret this Agreement shall interpret the provisions of this Agreement to give effect to the intent of this Agreement to strictly adhere to and act in conformity with the System, as it now exists and as we may modify them from time to time via the Manuals or other prior written notice.
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
Based on the 2024 Fitstop Franchise Disclosure Document, the specific amount of notice Fitstop will provide to franchisees before modifying the Technology Fee is not explicitly detailed in the provided excerpts. However, Section 1.5 indicates that Fitstop may modify the System from time to time via the Manuals or other prior written notice.
While the FDD does not specify a particular timeframe for advance notice regarding changes to the Technology Fee, it does emphasize that modifications to the System will be communicated through the Manuals or other written means. This suggests that Fitstop is committed to informing franchisees of any changes that may impact their business operations.
Prospective Fitstop franchisees should directly inquire with the franchisor about the typical notification period for changes to fees, including the Technology Fee, to fully understand the potential for such changes and how they will be communicated. Understanding this policy is crucial for financial planning and operational stability.