Does Punch King Fitness select the site for a relocated Franchised Business?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
In the event of relocation, we do not select the site for your Franchised Business. We approve the Site for your Franchised Business (Section IV of the Franchise Agreement).
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- 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 upon relocation or remodeling or updating upon relocation. (Section IV of the Franchise Agreement).
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 does not select the site for a relocated Franchised Business. However, Punch King Fitness must approve the site.
For a relocated site, Punch King Fitness provides building specifications for the 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 for the site.
This means that while Punch King Fitness offers guidance and must approve the location, the responsibility of finding a suitable site for relocation rests solely with the franchisee. The franchisee also bears the costs associated with necessary professional services like architects and feasibility studies.