What is the deadline for a Pump It Up franchisee to relocate the Franchised Business after receiving approval?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
You may not operate the Franchised Business at any location other than the Premises, and you may not relocate your Franchised Business without our prior written consent. Our consent to relocate may be conditioned upon, among other things: (a) your payment of the actual charges we incur in connection with consideration of the relocation request; (b) your payment of an agreed minimum royalty during the period when the Franchised Business is not in operation due to the relocation; and (c) your relocation of the Franchised Business within 6 months after we approve your relocation request.
Source: Item 12 — TERRITORY (FDD pages 41–43)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, a franchisee must relocate their Franchised Business within 6 months after receiving approval from Pump It Up. This requirement is contingent upon the franchisee first obtaining written consent from Pump It Up to relocate.
Pump It Up's consent to relocate is conditional. The franchisee may be required to cover the actual charges Pump It Up incurs while considering the relocation request. Additionally, the franchisee may have to pay an agreed-upon minimum royalty for the period the business is not operational due to the relocation.
This relocation policy ensures that Pump It Up maintains control over the location of its franchises and can mitigate potential disruptions caused by relocation. The financial obligations placed on the franchisee, such as covering charges and paying minimum royalties, are designed to ensure the relocation is carefully considered and executed efficiently. Franchisees should carefully evaluate the potential costs and benefits before requesting a relocation.