Does Fitstop typically own or lease the premises to the franchisee?

According to Fitstop's 2024 Franchise Disclosure Document, franchisees are generally responsible for securing their own premises. Fitstop does not typically own or lease the premises to its franchisees; however, Fitstop does reserve the right to do so.

As a prospective franchisee, you are responsible for all costs associated with locating, obtaining, and developing a suitable location. This includes construction, remodeling, and equipping the premises to meet Fitstop's standards. Fitstop may provide site selection guidelines and counseling, but the onus is on you to evaluate the demographics of the market area. Fitstop's approval of a site does not guarantee any specific level of revenue.

Fitstop must have the opportunity to review any lease or purchase agreement before you finalize it. Fitstop may also impose conditions on site approval, such as requiring a written representation from the landlord ensuring your right to operate throughout the franchise term and the execution of a lease addendum that includes terms prescribed by Fitstop in its manuals. The FDD states that leasing is a topic covered during the development stage of training.