factual

What is the deadline for making alterations and modifications to the premises after the termination of a Pump It Up franchise agreement?

Pump_It_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

The landlord also agrees that if you fail to make these alterations and modifications within 10 days after the expiration or earlier termination of this Agreement, we will have the right to do so without being guilty of trespass or other tort so long as we make repairs to the Premises caused by such removal.

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

What This Means (2025 FDD)

According to Pump It Up's 2025 Franchise Disclosure Document, a franchisee has 10 days after the expiration or earlier termination of the franchise agreement to make alterations and modifications to the premises. If the franchisee fails to do so within this timeframe, Pump It Up has the right to make the alterations and modifications themselves.

This means that upon termination or expiration of the franchise agreement, a franchisee must promptly address any required changes to the premises. This could involve removing branding, altering the layout, or any other modifications necessary to ensure the location no longer represents a Pump It Up franchise. The franchisee is responsible for these alterations.

It is important to note that if Pump It Up exercises its right to make the alterations, they will also repair any damage to the premises caused by the removal of the franchisee's modifications. However, the initial responsibility to complete these alterations within the specified 10-day period rests with the franchisee.

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.