What is the standard initial franchise fee for a Pump It Up franchise?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
id="page-13-1">Initial Franchise Fee
You must pay us an Initial Franchise Fee in the amount of $30,000 no later than the date that you sign the Franchise Agreement. The Initial Franchise Fee offsets the expenses PIU incurs to market to, provide assistance to, research, award, and train franchisees. The Initial Franchise Fee PIU charges new franchisees is generally uniformly applied.
PIU may refund to you up to fifty percent (50%) of the Initial Franchise Fee you paid to PIU if: (1) after making a good faith effort, as determined by us in our reasonable discretion, you: (i) are unable to sign a lease agreement or real estate purchase agreement for a Premises to operate your Pump It Up Franchised Business within one year from the Effective Date of the Franchise Agreement, or (ii) are unable to secure lender financing for the development and operation of your Pump It Up Franchised Business within one year of the Effective Date of the Franchise Agreement; and (2) you provide us with written notice of your request for a refund prior to the one year anniversary of the Franchise Agreement; and (3) you execute a voluntary termination agreement and general release (see Exhibit E) with us.
The Initial Franchise Fee and all other fees are uniform for all similarly situated franchisees. PIU may, however, where PIU believes an adjustment is warranted, waive, reduce or change the amount or the payment date for any fee or amount payable to us. Factors that may warrant an adjustment 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
Source: Item 5 — INITIAL FEES (FDD pages 14–15)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the standard initial franchise fee is $30,000. This fee is due when the Franchise Agreement is signed. Pump It Up states that this fee covers their expenses for marketing, assisting, researching, awarding, and training franchisees.
The initial franchise fee is generally applied uniformly to all new Pump It Up franchisees. However, Pump It Up may offer adjustments, such as waiving or reducing the fee, depending on specific factors. These factors can include the franchisee's experience, previous affiliations, or unique circumstances.
Pump It Up may refund up to 50% of the initial franchise fee if the franchisee, after a good faith effort, cannot secure a lease or financing within one year of the Franchise Agreement's effective date. To receive this refund, the franchisee must provide written notice before the one-year anniversary and execute a termination agreement and general release with Pump It Up.