factual

As of the date of this Pump It Up FDD, what is the status of the Minnesota addendum?

Pump_It_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

, forum, or remedies provided for by the laws of the jurisdiction.

  1. The second sentence of Section 27.G. is deleted, and the following is inserted in its place:

You and we shall each have the right in the proper case to seek injunctive relief from a court of competent jurisdiction. You agree that we may seek such injunctive relief, without posting a bond or bonds totaling more than $1,000, but upon due notice, and that your sole remedy in the event of the entry of such injunctive relief shall be the dissolution of such injunctive relief, if warranted, upon hearing duly had; provided, however, that all claims for damages by reason of the wrongful issuance of any such injunction are hereby expressly waived by you.

    1. NSF checks are governed by Minnesota Statute 604.113, which puts a cap of $30 on service charges.
    1. The Limitations of Claims section must comply with Min

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

What This Means (2025 FDD)

According to the 2025 Pump It Up Franchise Disclosure Document, there is an addendum to the franchise agreement required for Minnesota franchisees. This addendum indicates that several specific regulations apply to Pump It Up franchises in Minnesota.

The addendum states that NSF checks are governed by Minnesota Statute 604.113, which caps service charges at $30. It also specifies that the Limitations of Claims section must comply with Minnesota Statutes, Section 80C.17, Subd. 5. Furthermore, any agreement signed by a franchisee cannot waive claims under state franchise law, including fraud in the inducement, or disclaim reliance on statements made by the franchisor. The addendum also states that Minnesota Rules 2860.4400(G) prohibits a franchisor from imposing unreasonable standards of conduct on a franchisee.

This addendum ensures that Pump It Up's franchise operations within Minnesota adhere to specific state laws and regulations designed to protect franchisees. Prospective franchisees in Minnesota should carefully review this addendum to understand their rights and obligations under Minnesota 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.