factual

Does Pump It Up generally own or lease the Premises for the Franchised Business to the franchisee?

Pump_It_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

Your initial training must be completed after you have signed a lease for the Premises of your Pump It Up Business and prior to the date you open your Franchised Business. You likely will sign a lease at least 3 to 5 months prior to the date you complete construction of your Pump It Up Business (but the timing may be longer if your landlord delays delivery of the Premises to you).

The lease agreement for your Franchised Business must be for a term of no less than ten years. If you present a lease agreement to us with a term that is less than ten years, we may reject the site and/or the lease agreement.

It is your responsibility to prepare the plans and specifications for the construction of the improvements at the Premises and to conform the proposed Premises to comply with all applicable ordinances, laws, building codes, and permit requirements. You are solely responsible for obtaining all

required permits, constructing the improvements at the Premises, and decorating the Premises in conformity with the System Standards (including the installation of all equipment, signs, and fixtures).

The typical time from signing the Franchise Agreement to opening the Franchised Business is approximately 9 to 18 months. Factors affecting the length of time needed to open the Franchised Business usually include weather conditions, the ability to obtain a lease, financing or building permits, and zoning and local ordinances.

Source: Item 11 — FRANCHISORS'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 30–41)

What This Means (2025 FDD)

According to Pump It Up's 2025 Franchise Disclosure Document, Pump It Up does not generally own or lease the premises for the franchised business to the franchisee. The franchisee is responsible for securing a lease agreement for the business location.

The FDD states that franchisees must sign a lease for the premises of their Pump It Up business before opening. This lease signing typically occurs 3 to 5 months before construction is completed, but it could be longer if the landlord delays delivering the premises. The lease agreement must be for a term of no less than ten years, and Pump It Up may reject the site or lease agreement if the term is shorter.

Furthermore, the franchisee is responsible for preparing the construction plans, ensuring the premises comply with all applicable codes and obtaining all required permits. Pump It Up will review the design and construction plans for their purposes only. The time between signing the Franchise Agreement and opening the franchised business is approximately 9 to 18 months, depending on factors such as weather, obtaining a lease, financing, building permits, and zoning and local ordinances.

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.