Under what conditions can Fitstop refuse to approve proposals from franchisees to add new suppliers?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
We may establish strategic alliances or preferred vendor programs with suppliers that are willing to supply some products, equipment, or services to some or all the System Businesses. If we do establish those types of alliances or programs, we may: (i) limit the number of approved suppliers with whom you may deal; (ii) designate sources that you must use for some or all products, equipment and services; and (iii) refuse to approve proposals from franchisees to add new suppliers if we believe that approval would not be in the best interests of the System.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 19–23)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, Fitstop may refuse to approve proposals from franchisees to add new suppliers if they believe that such approval would not be in the best interests of the Fitstop system.
This means that while franchisees can propose alternative suppliers for required items, Fitstop retains the right to reject these proposals. This is to ensure consistency and quality across all Fitstop franchises. Fitstop's decision will be based on what they deem is best for the overall network, not necessarily what might be most advantageous for an individual franchisee.
As a prospective franchisee, it's important to understand that Fitstop has the final say on suppliers. While you can suggest alternatives, Fitstop's priority is maintaining the integrity and standards of the brand. This could limit your options and potentially impact your costs, depending on the approved suppliers' pricing and terms. It is important to discuss supplier selection and approval process with Fitstop prior to signing the franchise agreement.