Who are considered PIU Vendors for a Pump It Up franchise?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
(6) purchase or lease from PIU Vendors all required fixtures, furniture, equipment and interior and exterior signs, and install the same; and
(7) purchase from PIU Vendors an opening inventory of authorized and approved products, materials, and supplies necessary to commence operations at the Franchised Business.
(3) If specified for your Franchised Business, you must purchase the Proprietary Products or any other specified fixture, equipment, inventory, marketing materials, or supplies, only from us or a third party designated and licensed by us to prepare and sell such products ("Designated Vendors").
From time to time, we may modify the list of Designated Vendors.
- (4) We may, in our sole discretion, choose to designate (or remove) any vendor as a "Preferred National Vendor".
We reserve the right to require that you use a Preferred National Vendor for the purchase of specified fixtures, equipment, inventory, marketing materials, or supplies.
- (5) Dependent on restrictions we may identify for purchasing products and services from our Designated Vendors and/or Preferred National Vendors, you may also purchase products, equipment, materials, supplies and services from a vendor in the geographic area near your Premises (a "Local Vendor").
All such purchases from any such Local Vendors should be high quality and up to our System Standards.
We reserve the right to override your decision to use a Local Vendor if we determine, in our sole discretion, that the Local Vendor does not meet the high expectations of the System Standards.
- (6) If you propose to purchase any product, equipment, materials, supplies or services (that you are not required to purchase from us, an affiliate of ours or a PIU Vendor), all such products, equipment, supplies or services must be fully compliant with our System Standards.
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, PIU Vendors are entities from which franchisees must purchase or lease required fixtures, furniture, equipment, and interior and exterior signs. Franchisees are also required to purchase their opening inventory of authorized and approved products, materials, and supplies from these PIU Vendors.
Additionally, the FDD outlines other vendor categories that may apply to a Pump It Up franchise. These include Designated Vendors, who are third parties licensed by Pump It Up to prepare and sell specific proprietary products or other specified items. Pump It Up may also designate Preferred National Vendors, with whom they may establish pricing and other agreements, potentially requiring franchisees to use them for certain purchases.
The document also mentions Local Vendors, from whom franchisees may purchase products, equipment, materials, supplies, and services, provided they meet Pump It Up's System Standards. However, Pump It Up reserves the right to override a franchisee's choice of a Local Vendor if they do not meet these standards. If a franchisee proposes to purchase any product, equipment, materials, supplies or services (that they are not required to purchase from PIU, an affiliate of theirs or a PIU Vendor), all such products, equipment, supplies or services must be fully compliant with Pump It Up's System Standards.