What action triggers the due date for the Pump It Up relocation costs?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Relocation Costs (1) | $4,000 | Upon demand. | If we approve your relocation request, you must reimburse us for the actual costs we incur in connection with consideration of your relocation request. |
Source: Item 6 — OTHER FEES (FDD pages 15–21)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, relocation costs of $4,000 are due upon demand. This means that after Pump It Up approves a franchisee's relocation request, the franchisee must reimburse Pump It Up for the actual costs incurred during the consideration of the relocation request. Pump It Up can request this payment at any time after the costs are incurred.
This arrangement means a Pump It Up franchisee needs to be prepared to pay these relocation costs promptly once the demand is made. Unlike some fees that have fixed due dates, this one is variable and depends on when Pump It Up decides to request payment.
It is important for prospective Pump It Up franchisees to understand that these relocation costs are non-negotiable if they seek to move their franchise location and that budgeting for these potential costs is essential for financial planning. Franchisees should maintain open communication with Pump It Up regarding the anticipated timing and amount of these costs to avoid any surprises.