What is the timeframe prescribed in Section 6.D for opening the Pump It Up franchised business?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
D. Opening the Franchised Business.
(1) No later than 12 months from the Effective Date of this Agreement, you shall execute a lease agreement or otherwise secure the Premises for your Franchised Business.
(2) Subject to your compliance with the conditions set forth in this Section 6 and the rights granted to you pursuant to Section 7.A(2), or as we may otherwise approve, you agree to open the Franchised Business by the earlier of: (i) six months from the date of that you execute a lease agreement or otherwise secures a Premises for the Franchised Business; and (ii) 18 months from the Effective Date of this Agreement.
(3) We will not authorize the opening of the Franchised Business unless all of the following conditions have been met:
- (a) We are satisfied that the Franchised Business was constructed and/or renovated and equipped substantially in accordance with our standards and specifications;
- (b) You have hired and trained staff as required by Section 11;
- (c) You have received a certificate of occupancy and all required state and local certifications, permits, and licenses necessary for the operation of a Pump It Up Business, including licenses and certifications for your staff and other personnel;
- (d) You (or your Operating Principal as defined in Section 14.D.) and your management personnel have satisfactorily completed our initial training program;
- (e) You have paid the Initial Franchise Fee (as defined in Section 7.A.) and any other amounts then due to us;
- (a) We are satisfied that the Franchised Business was constructed and/or renovated and equipped substantially in accordance with our standards and specifications;
(f) You have signed all agreements required prior to opening, including, but not limited to, the Lease, the electronic funds transfer documents described in Section 7.M.(2), and any software license agreement(s);
(g) Neither you nor any of your affiliates are in default under or in violation of any agreements with us, any of our affiliates or any PIU Vendors; and
(h) You have provided to us copies of certificates for all insurance policies required by Section 12.L. or such other evidence of insurance coverage and payment of premiums as we reasonably may request.
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, there are specific timeframes franchisees must adhere to for opening their franchised business. Franchisees must execute a lease agreement or otherwise secure the premises for their Pump It Up franchise within 12 months from the effective date of the Franchise Agreement.
Furthermore, franchisees are required to open their Pump It Up business within a certain timeframe, which is determined by two conditions. The first condition stipulates that the opening must occur within six months from the date the lease agreement is executed or the premises are secured. The second condition specifies that the opening must occur within 18 months from the effective date of the Franchise Agreement. The earlier of these two dates will be the deadline for opening the franchise.
Pump It Up also requires that several conditions are met before authorizing the opening of the franchise. These include ensuring the facility is constructed and equipped to their standards, staff is trained, all necessary certifications and permits are obtained, training programs are completed, all fees and agreements are settled, and all insurance policies are in place.