factual

Does the new Fitstop location need to meet the then-current criteria for a System-associated Premises to be approved for relocation?

Fitstop Franchise · 2024 FDD

Answer from 2024 FDD Document

You may not relocate the Premises of your Franchised Business without our written consent, which we will not unreasonably withhold provided: (i) the new location is located within your Designated Territory and meets our thencurrent criteria for a System-associated Premises; and (ii) you pay our then-current relocation fee (if any). When considering a request for relocation, we may take into account the desirability of the proposed new location, its distance from other and future-planned franchised locations, the traffic patterns, security, cost, and the demographics of the area, proximity of competition, parking, as well as any other related factors we deem appropriate. These are the same kinds of factors we consider when evaluating your initial Premises.

Source: Item 12 — TERRITORY (FDD pages 35–37)

What This Means (2024 FDD)

According to Fitstop's 2024 Franchise Disclosure Document, a franchisee needs written consent from Fitstop to relocate their franchise. Fitstop will not unreasonably withhold consent for relocation if the new location is within the Designated Territory and meets the then-current criteria for a System-associated Premises.

Fitstop may consider factors such as the desirability of the new location, its distance from other franchised locations, traffic patterns, security, cost, demographics, competition proximity, and parking when reviewing relocation requests. These considerations are similar to those used when evaluating the initial premises.

This means that if a Fitstop franchisee wants to move their existing location, they must get approval from Fitstop, and the new site must meet Fitstop's standards at the time of relocation. This protects the Fitstop brand by ensuring all locations meet certain criteria. The franchisee must also pay Fitstop's then-current relocation fee, if any.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.