How much prior written 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 agreement intends to strictly adhere to the Fitstop system as it exists and as Fitstop may modify it from time to time via manuals or other prior written notice. This indicates that Fitstop can modify aspects of the franchise system, potentially including fees like the Technology Fee, but they are expected to provide franchisees with prior written notice of these changes.
However, the excerpt does not specify the exact number of days or weeks of prior notice that Fitstop will provide before modifying the Technology Fee or other aspects of the system. The level of detail in the notice may also vary, and it is not specified what information the notice must contain.
Prospective Fitstop franchisees should clarify with the franchisor the specific amount of advance written notice they will receive before any changes to fees, including the Technology Fee. Understanding the timing and content of these notices is crucial for financial planning and operational adjustments.