Where can I find a list of Pump It Up franchisees who transferred their businesses?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
- (2) The franchisees that transferred Pump It Up Businesses are identified in Exhibit I.
- (3) Exhibit I includes a list of all franchisees who have signed a Franchise Agreement, but who have not yet opened a Franchised Business.
- (4) Exhibit I includes a list of the name, address and telephone number of the franchisees who had a Franchise Agreement terminated, canceled or not renewed or who otherwise voluntarily or involuntarily ceased to do business under a Franchise Agreement (including any transfer) during our last fiscal year or who have not communicated with us within 10 weeks of the issuance date of this disclosure document.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–59)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the list of franchisees who transferred their Pump It Up businesses can be found in Exhibit I. Table No. 2 in Item 20 provides data on transfers of Pump It Up Businesses from franchisees to new owners, excluding transfers to the franchisor or its affiliates, for the years 2022 to 2024.
Exhibit I contains a list of all franchisees who have signed a Franchise Agreement but have not yet opened a franchised business. It also includes the names, addresses, and telephone numbers of franchisees who had a Franchise Agreement terminated, canceled, or not renewed, or who otherwise voluntarily or involuntarily ceased to do business under a Franchise Agreement, including any transfer, during the last fiscal year, or who have not communicated with Pump It Up within 10 weeks of the issuance date of the disclosure document.
Therefore, to find the specific list of franchisees who transferred their businesses, a prospective franchisee should refer to Exhibit I of the 2025 Pump It Up FDD. This exhibit provides contact information for both current and former franchisees, including those who have transferred their businesses, which can be valuable for conducting due diligence and gathering insights about the franchise system.