What is the Initial Franchise Fee for a single Pump It Up franchise?
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 |
NOTES:
- (1) General.
Fees paid to us are not refundable, except for the Initial Franchise Fee, which may be refundable in limited circumstances as described in Item 5.
- (2) Initial Franchise Fee.
The Initial Franchise Fee for one Franchised Business, including the limited refundability of the Initial Franchise Fee, is $30,000.
PIU may, where we believe an adjustment is warranted, waive, reduce or change the amount or the payment date for any fee or amount payable to us.
There is no formula for such adjustments and each situation is evaluated on a case-by-case basis.
Factors may include but are not limited to: larger or more experienced prospective franchisees; prospective franchisees with which PIU or our affiliates have had previous experience; prospective franchisees departing other franchise/licensed systems; and prospective franchisees in other unique circumstances.
PIU may elect not to negotiate with a prospective franchisee even if a franchisee possesses some or all of the same characteristics as another franchisee whose agreement was modified.
The range described in this section reflects the range of initial franchise fees that Franchisor may charge, including Franchisor's right, in its sole discretion, to waive the Initial Franchise Fee in its entirety.
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 for a single franchised business is $30,000. However, this fee can vary from $0 to $30,000, as Pump It Up may choose to waive, reduce, or change the amount or payment date. This adjustment is made on a case-by-case basis without a set formula.
Factors that Pump It Up may consider when adjusting the initial franchise fee include the franchisee's experience, previous relationships with Pump It Up or its affiliates, or if the franchisee is leaving another franchise system. Even if a prospective franchisee shares characteristics with someone who received a modified agreement, Pump It Up is not obligated to offer the same terms.
Item 5 of the FDD provides details on the limited circumstances under which the initial franchise fee may be refundable. Prospective franchisees should carefully review these conditions to understand their rights. The initial franchise fee is typically paid in a lump sum to Pump It Up, as indicated in Item 5.