Under what circumstances might Pump It Up defer, reduce, or waive a fee for a franchisee?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
Generally, all fees are uniformly imposed on our franchisees. In certain unique circumstances, we may defer, reduce or waive a fee for a particular franchisee for a limited period of time.
Source: Item 6 — OTHER FEES (FDD pages 15–21)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the franchisor may, in certain unique circumstances, defer, reduce, or waive a fee for a particular franchisee for a limited period of time. This discretion is not tied to any specific, pre-defined criteria but rather to unique situations that may arise. All fees and costs are generally charged uniformly to franchisees currently acquiring a franchise.
For a prospective Pump It Up franchisee, this means that while the standard fee structure applies to everyone, there is a possibility of some flexibility. However, franchisees should not rely on this possibility when making financial projections. The FDD does not elaborate on what constitutes a "unique circumstance," so it is essential for potential franchisees to inquire about specific examples or scenarios where such deferrals, reductions, or waivers have been granted in the past.
Understanding the conditions under which Pump It Up has previously shown flexibility can provide valuable insight into the franchisor's approach to franchisee support and problem-solving. While not guaranteed, knowing that such options exist and under what general conditions they might be considered can be a beneficial piece of information for new franchisees as they navigate the initial stages of establishing their business.