To whom is the initial franchise fee for Pump It Up paid?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Payment (1) | Is To Be Made | |
|---|---|---|---|---|
| Initial Franchise Fee (2) | $0 - $30,000 | Lump Sum | See Item 5 | Us |
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 initial franchise fee is paid to Pump It Up. The amount of this fee ranges from $0 to $30,000. Pump It Up franchisees must pay this fee in a lump sum. Item 5 of the FDD provides further details regarding the initial franchise fee.
Pump It Up may adjust the initial franchise fee where they believe an adjustment is warranted. These adjustments are made on a case-by-case basis. Factors that may influence adjustments to the initial franchise fee include the franchisee's experience, previous experience with Pump It Up or its affiliates, or unique circumstances.
Pump It Up retains the sole discretion to waive the initial franchise fee entirely. However, the company is not obligated to negotiate with prospective franchisees, even if they possess similar characteristics to those whose agreements were previously modified.