What services does the approved supplier provide to Fitstop franchisees?

According to Fitstop's 2024 Franchise Disclosure Document, an approved supplier may be designated to provide specific services to franchisees. Unless Fitstop designates a different method in its manuals or in writing, an approved supplier will provide the following services: collection of membership fees and other gross revenue generated by the Fitstop franchise, related merchant processing services, billing and invoicing services for amounts due to Fitstop or its affiliates under the Franchise Agreement, and remission of gross revenue, less any amounts due to Fitstop or its affiliates.

This means that Fitstop franchisees may not handle the collection of membership fees and other revenues directly. Instead, an approved third-party supplier manages these financial transactions. This system ensures consistent revenue collection and processing across all Fitstop locations, as well as proper billing and payment of fees owed to Fitstop.

However, the franchisee is still responsible for ensuring timely payment for all amounts due to any designated or other approved supplier for required items, products, or services. This includes the approved supplier for merchant processing services. The franchisee must also make timely payments to any other third-party landlord, supplier, provider, or vendor used in connection with establishing or operating the Fitstop franchise.