For a Pump It Up franchise, what entities are considered PIU Vendors?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
(6) purchase or lease from PIU Vendors all required fixtures, furniture, equipment and interior and exterior signs, and install the same; and
(7) purchase from PIU Vendors an opening inventory of authorized and approved products, materials, and supplies necessary to commence operations at the Franchised Business.
(3) If specified for your Franchised Business, you must purchase the Proprietary Products or any other specified fixture, equipment, inventory, marketing materials, or supplies, only from us or a third party designated and licensed by us to prepare and sell such products ("Designated Vendors").
(4) We may, in our sole discretion, choose to designate (or remove) any vendor as a "Preferred National Vendor".
(5) Dependent on restrictions we may identify for purchasing products and services from our Designated Vendors and/or Preferred National Vendors, you may also purchase products, equipment, materials, supplies and services from a vendor in the geographic area near your Premises (a "Local Vendor").
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to the 2025 Pump It Up Franchise Disclosure Document, a PIU Vendor is referenced in the context of required purchases for the franchise. Specifically, franchisees must purchase or lease required fixtures, furniture, equipment, and signs from PIU Vendors. They must also purchase an opening inventory of authorized and approved products, materials, and supplies from these vendors to begin operations.
The FDD also mentions different types of vendors that Pump It Up franchisees may interact with. These include Designated Vendors, who are third parties licensed by Pump It Up to prepare and sell specific proprietary products or other specified items. Pump It Up may also designate Preferred National Vendors, with whom they may establish pricing and other agreements. Franchisees may also use Local Vendors in their geographic area, provided they meet Pump It Up's System Standards. However, Pump It Up reserves the right to override the use of a Local Vendor if they do not meet these standards.
In summary, PIU Vendors are entities from which franchisees are required to purchase certain items to start and maintain their Pump It Up franchise. These vendors, along with Designated Vendors and Preferred National Vendors, play a crucial role in ensuring that franchisees adhere to Pump It Up's standards and specifications. Franchisees have some flexibility to use Local Vendors, but Pump It Up retains the authority to ensure compliance with System Standards.