What is the timeframe Punch King Fitness, Inc. must provide the disclosure document in Oregon?

According to Punch King Fitness's 2024 Franchise Disclosure Document, Oregon requires that Punch King Fitness provide the disclosure document to prospective franchisees at least 10 business days before the earlier of (1) the execution of the franchise or other agreement or (2) the payment of any consideration that relates to the franchise relationship. This gives potential franchisees in Oregon a specific timeframe to review the FDD before making any commitments or payments.

This disclosure period is designed to allow franchisees adequate time to carefully consider the franchise opportunity, seek professional advice, and conduct due diligence. The 10-business-day period in Oregon is shorter than the 14 calendar days that Punch King Fitness must generally provide the FDD, but is consistent with other states like Michigan.

It is important for prospective Punch King Fitness franchisees in Oregon to be aware of this specific state requirement and to ensure that they receive the FDD within the mandated timeframe. If Punch King Fitness fails to deliver the disclosure document on time, it could constitute a violation of federal and state law, which should be reported to the Federal Trade Commission and the appropriate state agency.