What agreements must be signed prior to opening a Pump It Up franchise?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
- (f) You have signed all agreements required prior to opening, including, but not limited to, the Lease, the electronic funds transfer documents described in Section 7.M.(2), and any software license agreement(s);
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, before opening a franchise, a franchisee must sign all required agreements. These agreements include, but are not limited to, the Lease, electronic funds transfer documents, and any software license agreements.
In addition to signing these agreements, the franchisee must meet several other conditions before Pump It Up will authorize the opening of the franchise. These conditions include ensuring the business is constructed and equipped to Pump It Up's standards, hiring and training staff as required, obtaining all necessary state and local permits and licenses, completing the initial training program, and paying the initial franchise fee and any other due amounts.
Meeting these conditions and signing the required agreements are crucial steps in the process of opening a Pump It Up franchise. Failure to comply with these requirements may delay or prevent the opening of the business. Therefore, prospective franchisees should carefully review all agreements and ensure they understand their obligations before signing.