What is the principal business address of Fitstop Holdings Pty Limited, the parent company of Fitstop?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
Our parent and sole owner, Fitstop Holdings Pty Limited (our "Parent"), is a holding company formed under the laws of Australia in October 2018 that has a principal business address at 51 Manilla St., East Brisbane Qld 4169 Australia. Except for owning us and certain affiliate entities (some of which are disclosed below), our Parent has not (a) offered or awarded franchises or licenses in any line of business, or (b) engaged in any other material business activities.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–9)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the parent company, Fitstop Holdings Pty Limited, is a holding company formed in Australia in October 2018. Its principal business address is 51 Manilla St., East Brisbane Qld 4169 Australia. The FDD specifies that Fitstop Holdings Pty Limited's primary function is owning Fitstop USA, Inc. and other affiliate entities.
For a prospective franchisee, this information provides insight into the organizational structure of Fitstop. Knowing the location of the parent company can be useful for legal and communication purposes. It also clarifies that the parent company is based in Australia, which may be relevant for understanding the overall business strategy and international operations of Fitstop.
The FDD also mentions Fitstop Australia Pty Ltd, an affiliate franchisor sharing a business address with the parent company. This affiliate has been offering franchises substantially similar to those in the US since January 2017 and had 125 open franchises as of December 31, 2023. Additionally, Fitstop IP Pty Limited, another affiliate, owns the Proprietary Marks and licenses them to Fitstop USA, Inc. and Fitstop Australia Pty Ltd, with a business address at 51 Manilla Street, East Brisbane, Queensland 4169, Australia.