What is the legal structure of PUMP IT UP HOLDINGS, LLC, the Franchisor for Pump It Up?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
PUMP IT UP HOLDINGS, LLC, an Arizona limited liability company
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to the 2025 Pump It Up Franchise Disclosure Document, Pump It Up Holdings, LLC is structured as an Arizona limited liability company. This is explicitly stated in several sections of the FDD, including addenda to the franchise agreement required for franchisees in New York and Wisconsin. This detail is important for prospective franchisees as it defines the legal entity they will be contracting with.
Furthermore, the FDD mentions FB Holdings, LLC, also an Arizona limited liability company, acting as the guarantor for Pump It Up Holdings, LLC. This means FB Holdings, LLC guarantees the obligations of Pump It Up Holdings, LLC under the franchise agreement and franchise registrations. This arrangement provides an additional layer of security for franchisees, as FB Holdings, LLC assumes responsibility if Pump It Up Holdings, LLC fails to meet its obligations.
The legal structure and the guarantee by FB Holdings, LLC are significant factors for potential Pump It Up franchisees to consider. Understanding the roles and responsibilities of each entity can help franchisees assess the stability and reliability of the franchise system. It is advisable for prospective franchisees to review these sections of the FDD carefully and seek legal counsel to fully understand the implications of these arrangements.