Under what conditions can Fitstop change its recommended or maximum retail prices?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
you of from time to time and we are lawfully able to impose including policies under which we specify a maximum price for the Approved Products or services. Where reasonably necessary to protect our legitimate commercial interest, we may change our recommended or maximum retail prices, charges, discounts relating to or affecting any of the Approved Products or services and issue new or changed or modified recommended or maximum price lists upon notice.
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, Fitstop may change its recommended or maximum retail prices, charges, and discounts relating to approved products or services. This can occur when it is reasonably necessary to protect Fitstop's legitimate commercial interest.
Fitstop can issue new, changed, or modified recommended or maximum price lists to franchisees. However, Fitstop must provide notice to the franchisee before implementing these changes.
As a Fitstop franchisee, you must comply with any pricing policies and guidelines that Fitstop reasonably notifies you of, including policies that specify a maximum price for approved products or services. This means Fitstop has the ability to influence and potentially control the pricing of your offerings to customers, which could impact your revenue and profitability.