factual

Does Punch King Fitness provide building specifications for the real property space of a franchise?

Punch_King_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

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, Punch King Fitness provides building specifications for the real property space (Site) of a franchise. However, the franchisee is responsible for selecting the site, and Punch King Fitness must approve it.

The FDD states that Punch King Fitness provides building specifications for the franchisee's real property space and reviews the franchisee's design plans. The franchisee must retain a licensed architect and obtain a feasibility study prepared by a qualified third party. The site of a Punch King Fitness Training Facility Franchised Business ranges from 1,500 to 3000 square feet for Boutique Locations, 4,000 to 7,000 square feet 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 franchisee is 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. Punch King Fitness may, but is not obligated to, provide assistance to ensure that the Site conforms to local ordinances and building codes or obtain any required permits for construction or remodeling. Punch King Fitness approval of the site considers factors such as general location and neighborhood, competition, trade area demographics, traffic patterns, parking, size, physical characteristics of existing buildings, and lease terms. Punch King Fitness has 30 days to approve or disapprove a proposed site after the franchisee submits all required documents and information.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.