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

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, Virginia 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 Virginia as of the effective date stated in the document.

Additionally, the FDD includes "ADDITIONAL DISCLOSURES REQUIRED BY THE STATE OF VIRGINIA." These disclosures address the restrictions contained in Section 13.1-564 of the Virginia Retail Franchising Act. Specifically, it clarifies that it is unlawful for Pump It Up to cancel a franchise without reasonable cause, as defined by the Virginia Retail Franchising Act or the laws of Virginia. If any grounds for default or termination stated in the Franchise Agreement do not constitute reasonable cause, that provision may not be enforceable in Virginia.

This means that Pump It Up franchisees in Virginia have certain protections under the Virginia Retail Franchising Act, particularly regarding termination of the franchise agreement. Prospective franchisees should carefully review these additional disclosures and understand their rights under Virginia law.

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.