factual

Is Fitstop obligated to appoint an Approved Supplier for Required Items?

Fitstop Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 12.3 Right to Designate and Update List of Approved Supplier(s). We may, but are under no obligation, appoint oursevles and/or our affiliates or any other third party as an Apporved Supplier for one (1) or more Required Items associated with the Franchised Business upon prior written notice via the Manuals or otherwise.

Source: Item 23 — RECEIPTS (FDD pages 50–135)

What This Means (2024 FDD)

According to Fitstop's 2024 Franchise Disclosure Document, Fitstop is not obligated to appoint an Approved Supplier for Required Items. While Fitstop may choose to appoint themselves, affiliates, or other third parties as Approved Suppliers, they are under no obligation to do so. This decision is at Fitstop's discretion, as indicated in Section 12.3.

This means that as a franchisee, you may be required to purchase certain items necessary to establish and operate your Fitstop franchise from suppliers approved by Fitstop. However, Fitstop is not required to designate any specific supplier, giving them flexibility in how they manage the supply chain.

It is important to note that Fitstop has the right to update the list of Approved Suppliers. This allows Fitstop to make changes as needed, which may require franchisees to adapt and purchase from new or different suppliers. As a franchisee, you should stay informed about any changes to the Approved Supplier list to ensure compliance with Fitstop's requirements.

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.