What action must a franchisee take to obtain Punch King Fitness's approval of a site?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
cess the information.
Site Selection and Opening.
Punch King Fitness April 26, 2024 32 The site of a Punch King Fitness Training Facility Franchised Business is a 1,500 to 3000 square feet standalone building or space within a shopping center for Boutique Locations, 4,000 to 7,000 square feet space for a Medium Size Location, 7,000 to 10,000 square feet for a Full Fitness location, and 10,000 to 1500 square feet for a Big Box Locations. The Big Box location is our largest size location with between 10,000 to 1500 square feet. We do not select your site. Your site is subject to our approval (Section IV of the Franchise Agreement). We generally do not own or lease the premises or Site to franchises for the operation of the Franchised Business. To obtain our approval, you must provide all information and
documents about the site we require. The factors we consider in approving sites are general location and neighborhood, competition, trade area demographics, traffic patterns, parking, size, physical characteristics of existing buildings, and lease terms. The time limit for us to approve or disapprove your proposed site is 30 days after you submit all of our required documents and information. For your Site, we provide building specifications for your real property space, we review your design plans, you must retain a licensed architect, and you must obtain a feasibility study prepared by a qualified third party for the Site of your Franchised Business (Section IV of the Franchise Agreement). You are responsible for conforming the Site premises to local ordinances and building codes and obtaining any required permits for constructing, remodeling, or decorating the Site premises. We may but are not obligated to provide you with assistance to ensure that your Site conforms to local ordinances and building codes or obtain any required permits for construction or remodeling.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 28–35)
What This Means (2024 FDD)
According to Punch King Fitness's 2024 Franchise Disclosure Document, while Punch King Fitness does not select the site for the franchise, the site is subject to their approval. To obtain this approval, a franchisee must provide all information and documents about the site that Punch King Fitness requires.
The factors that Punch King Fitness considers when approving sites include the general location and neighborhood, competition, trade area demographics, traffic patterns, parking, size, physical characteristics of existing buildings, and lease terms. The document specifies that the site of a Punch King Fitness Training Facility Franchised Business should be a 1,500 to 3000 square feet standalone building or space within a shopping center for Boutique Locations, 4,000 to 7,000 square feet space for a Medium Size Location, 7,000 to 10,000 square feet for a Full Fitness location, and 10,000 to 1500 square feet for a Big Box Locations.
Punch King Fitness has a 30-day time limit to approve or disapprove a proposed site after the franchisee submits all required documents and information. Additionally, for the site, Punch King Fitness provides building specifications for the real property space and reviews the design plans. The franchisee is responsible for retaining a licensed architect and obtaining a feasibility study prepared by a qualified third party for the site.