factual

Is a separate Pump It Up Franchise Agreement required for each Franchised Business?

Pump_It_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

The Franchise Agreement grants you the right to develop and operate one Pump It Up Business ("Franchised Business"). For each Franchised Business, you must sign a separate Pump It Up Franchise Agreement ("Franchise Agreement") (Exhibit C). We may grant you certain rights in a geographic area around the Franchised Business ("Protected Area"). Your rights and our rights relating to the Protected Area are explained in Item 12. If you have not identified and we have not approved a site for the Franchised Business ("Premises") when you sign the Franchise Agreement, then you must, within 12 months after we sign the Franchise Agreement ("Site Approval Period

Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–12)

What This Means (2025 FDD)

According to Pump It Up's 2025 Franchise Disclosure Document, a separate Franchise Agreement is required for each Franchised Business. The FDD states that the Franchise Agreement grants the franchisee the right to develop and operate one Pump It Up Business, referred to as a "Franchised Business".

For each individual Pump It Up location a franchisee intends to operate, they must sign a separate Franchise Agreement. This agreement outlines the terms and conditions specific to that particular location. This ensures that each Pump It Up business operates under a legally binding contract tailored to its specific circumstances.

This requirement is typical in franchising, as it allows the franchisor to maintain control over the brand and ensure consistency across all locations. It also provides a clear framework for the relationship between the franchisor and franchisee for each specific business unit. The franchisee should carefully review each Franchise Agreement with legal counsel to fully understand their rights and obligations for each Pump It Up location they plan to operate.

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.