What factors might Pump It Up consider when adjusting the Initial Franchise Fee?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchised Business is located.
- (2) Initial Franchise Fee. The Initial Franchise Fee for one Franchised Business, including the limited refundability of the Initial Franchise Fee, is $30,000. PIU may, where we believe an adjustment is warranted, waive, reduce or change the amount or the payment date for any fee or amount payable to us. There is no formula for such adjustments and each situation is evaluated on a case-by-case basis. Factors may include but are not limited to: larger or more experienced prospective franchisees; prospective franchisees with which PIU or our affiliates have had previous experience; prospective franchisees departing other franchise/licensed systems; and prospective franchisees in other unique circumstances. PIU may elect not to negotiate with a prospective franchisee even if a franchisee possesses some or all of the same characteristics as another franchisee whose agreement was modified. The range described in this section reflects the range of initial franchise fees that Franchisor may charge, including Franchisor's right, in its sole d
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–25)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the company may adjust the initial franchise fee of $30,000 if they believe it is warranted. Pump It Up does not have a set formula for these adjustments, and each potential franchisee is evaluated individually.
Factors that Pump It Up may consider include the franchisee's experience level, whether the franchisee has worked with Pump It Up or its affiliates before, if the franchisee is leaving another franchise system, and any other unique circumstances that the franchisee may present.
Pump It Up retains the right to choose not to negotiate the initial franchise fee, even if a franchisee has similar characteristics to someone who received a modified agreement. Pump It Up also has the right to waive the initial franchise fee entirely, at their discretion. This means that the initial franchise fee can range from $0 to $30,000, as shown in Item 5 and Item 7 of the FDD.