Where can I find information about services for sale and pricing at a Punch King Fitness franchise?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
WHEREAS Franchisor has dedicated time, skill, effort, and money to create and develop and continues to develop a system (the System) for the establishment and operation of a distinctive type of business (referred to as a Punch King Fitness or the Franchised Business) that offers HITT boxing and kickboxing training, personal fitness training, nutritional services, and functional fitness training; and
WHEREAS, the System consists of distinctive methods and procedures for marketing and advertising; specially designed business forms and procedures for the efficient operation of the Franchised Business; an operations manual (the Operating Manual); and specially designated equipment, techniques, and procedures for the promotion and provision of Franchisee's services;
WHEREAS, in connection with the operation of the Franchise, Covenantor will have access to such confidential and proprietary information; and
WHEREAS, as a condition precedent to granting the Franchise to Franchisee, all shareholders, officers, partners, or members of Franchisee must execute the covenants contained herein;
NOW, THEREFORE, as additional consideration and inducement for granting the Franchise to Franchisee, Covenantor hereby agrees and covenants to Franchisee as follows:
- 1. Confidentiality. Covenantor acknowledges the proprietary and confidential nature of Franchisor's Operating Manual, which Franchisee has received on loan from Franchisor, unique sales and marketing methods, pricing techniques, promotional materials, new product development, financial information, client or referral lists, procedures for the efficient operation of a Punch King Fitness Franchised Business, and any other methods, procedures, processes, techniques, information, knowledge, or know-how concerning Franchisor's franchise system or Franchisee's Franchise, in particular, that may not be commonly known to the public or to Franchisor's or Franchisee's competitors and that Franchisor or Franchisee has identified or may identify as proprietary and confidential information (Trade Secrets). Covenantor shall use such Trade Secrets solely for Franchisee's benefit and shall not, during the term of the Franchise Agreement or at any time thereafter, communicate, divulge, or use any Trade Secrets to or for the benefit of any other person, entity, or organization.
In order to assure maximum uniformity of quality and service in all treatments provided by all Punch King Fitness employees and staff, Franchisee agrees to follow the procedures prescribed by Punch King Fitness methods strictly.
Source: Item 22 — CONTRACTS (FDD pages 56–215)
What This Means (2024 FDD)
According to the 2024 Punch King Fitness Franchise Disclosure Document, Item 22 discusses the contracts related to the franchise agreement. Specifically, it mentions that Punch King Fitness offers HITT boxing and kickboxing training, personal fitness training, nutritional services, and functional fitness training. The Franchisee must adhere to Punch King Fitness's methods to ensure uniformity of quality and service.
While the FDD mentions the services offered by Punch King Fitness franchises, it does not explicitly detail the pricing techniques used. However, it does state that the franchisor considers pricing techniques to be confidential and proprietary information. This information is shared with franchisees as part of the operations manual and related training.
Therefore, while the FDD confirms the types of services a Punch King Fitness franchise offers, prospective franchisees will need to discuss specific pricing strategies and structures with the franchisor directly to gain a comprehensive understanding of this aspect of the business. This information is considered confidential and is typically disclosed only to approved franchisees.