When is the initial franchise fee for a Pump It Up franchise due?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
- (3) We will not authorize the opening of the Franchised Business unless all of the following conditions have been met:
- (a) We are satisfied that the Franchised Business was constructed and/or renovated and equipped substantially in accordance with our standards and specifications;
- (b) You have hired and trained staff as required by Section 11;
- (c) You have received a certificate of occupancy and all required state and local certifications, permits, and licenses necessary for the operation of a Pump It Up Business, including licenses and certifications for your staff and other personnel;
- (d) You (or your Operating Principal as defined in Section 14.D.) and your management personnel have satisfactorily completed our initial training program;
- (e) You have paid the Initial Franchise Fee (as defined in Section 7.A.) and any other amounts then due to us;
- (a) We are satisfied that the Franchised Business was constructed and/or renovated and equipped substantially in accordance with our standards and specifications;
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the initial franchise fee must be paid before the franchised business opens. Specifically, Pump It Up will not authorize the opening of the franchised business unless the initial franchise fee, as defined in Section 7.A of the agreement, has been paid.
This requirement ensures that Pump It Up receives the initial investment before the franchisee begins operations. In addition to paying the initial franchise fee, the franchisee must also meet other conditions before opening, such as completing construction and renovations according to Pump It Up's standards, hiring and training staff, obtaining necessary permits and licenses, and completing the initial training program.
For a prospective Pump It Up franchisee, this means budgeting and planning to have the initial franchise fee available before the anticipated opening date. Failing to pay the fee on time could delay the opening or even prevent it altogether, as Pump It Up retains the right to withhold authorization until all conditions, including fee payment, are met.