For how many consecutive days can a Punch King Fitness franchise be closed before it is considered a default?

According to Punch King Fitness's 2024 Franchise Disclosure Document, a franchisee's failure to operate the franchised business for more than two consecutive days that the business is required or customarily open, or abandonment of the business, constitutes an event of default under the franchise agreement.

This means that if a Punch King Fitness location is closed for more than two consecutive days during its normal operating hours, Punch King Fitness has grounds to declare the franchisee in default. This clause is designed to ensure consistent operation and prevent franchisees from neglecting their business, which could negatively impact the brand's reputation and revenue.

For a prospective franchisee, this highlights the importance of maintaining consistent business operations. Unforeseen circumstances can arise, but franchisees must have contingency plans in place to avoid prolonged closures. Failure to do so could lead to termination of the franchise agreement and loss of their investment.