What entity is the 'Franchise Agreement' between for a Pump It Up franchise?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Addendum to Pump It Up Franchise Agreement dated ("Franchise Agreement") | |
|---|---|
| between Pump It Up Holdings, LLC ("PIU") and ("You") is entered into | |
| simultaneously with the execution of the Franchise Agreement. |
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to the 2025 Pump It Up Franchise Disclosure Document, the Franchise Agreement is between Pump It Up Holdings, LLC and the franchisee. This indicates that Pump It Up Holdings, LLC is the entity granting the franchise.
For franchisees in New York and Wisconsin, there are specific addenda to the standard Franchise Agreement. These addenda address state-specific legal requirements and modifications to certain sections of the agreement. For example, the New York addendum clarifies that the New York Franchise Law governs any claims arising under that law.
Prospective franchisees should carefully review the Franchise Agreement and any addenda applicable to their state to understand their rights and obligations. It is also important to note that if the franchisee is a corporation, limited liability company, or partnership, certain representations and warranties must be made regarding the organization's legal standing and the ownership interests within the entity.