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As of the date of this FDD, what is the status of the Pump It Up franchise registration in Michigan?

Pump_It_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

the Franchise Agreement are satisfied or until the liability of Franchisor to its franchisees under the Franchise Agreement has been completely discharged, whichever first occurs. The Guarantor is not discharged from liability if a claim by a franchisee against the Franchisor remains outstanding. Notice of acceptance is waived. The Guarantor does not waive receipt of notice of default on the part of the Franchisor. This guarantee is binding on the Guarantor and its successors and assigns.

The Guarantor executes this guarantee at Phoenix, Arizona on this 14 day of April 2025.

Guarantor: FB HOLDINGS, LLC

Name: Lauren Tebbenhoff

Title: President

State Effective Dates

THE FOLLOWING STATES HAVE FRANCHISE LAWS THAT REQUIRE THAT THE FRANCHISE DISCLOSURE DOCUMENT BE REGISTERED OR FILED WITH THE STATE, OR BE EXEMPT FROM REGISTRATION: CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON AND WISCONSIN.

Source: Item 23 — RECEIPTS (FDD pages 60–225)

What This Means (2025 FDD)

According to the 2025 Pump It Up Franchise Disclosure Document, Michigan is one of the states that has franchise laws requiring the FDD to be registered or filed with the state, or be exempt from registration. The document is effective and may be used in Michigan as of the effective date stated in the document.

Additionally, the FDD states that Michigan requires Pump It Up Holdings, LLC to provide the disclosure document to prospective franchisees at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first. This implies that Pump It Up is actively registered or exempt from registration in Michigan, allowing them to offer franchises there, but franchisees must receive the FDD within the specified timeframe.

Prospective franchisees should verify with Pump It Up whether there have been any changes to the registration status in Michigan since the issuance date of the FDD. It would also be prudent to consult with a franchise attorney to ensure full compliance with Michigan franchise laws before entering into any agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.