Based on the 2024 Punch King Fitness Franchise Disclosure Document, a franchisee has the option to renew their franchise agreement for an additional 10 years at the end of the initial term or any renewal term. This renewal is termed a "Successor Franchise." However, the FDD excerpts provided do not detail the specific consequences or procedures if Punch King Fitness refuses to grant this successor franchise.

While the document outlines the conditions under which a franchisee may be eligible for renewal, it does not explicitly state what recourse a franchisee has if Punch King Fitness denies the renewal despite the franchisee meeting all stated requirements. The FDD does mention circumstances under which Punch King Fitness can terminate the agreement, such as failure to meet performance standards or bankruptcy, but these relate to termination during the term, not refusal of renewal.

A prospective Punch King Fitness franchisee should seek clarification from the franchisor regarding the specific reasons for which a renewal might be denied and what options are available to the franchisee in such a situation. Understanding the criteria and process for renewal denial is crucial for making an informed investment decision. It would also be prudent to inquire about any historical instances of renewal denials and the reasons behind them to assess the likelihood of such an event.