What document may Stretch Zone request a franchisee to sign after pre-opening obligations are fulfilled?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
- (d) Certificate of Performance.
After we have performed all of our pre-opening obligations and you are open for business, we may request you to sign a certification in the form included in the Operations Manual ("Certificate of Performance") confirming our performance.
Source: Item 8 — Receipts. Any sale made must be in compliance with § 683(8) of the Franchise Sale Act (N.Y. Gen. Bus. L. § 680 et seq.), which describes the time period a Franchise Disclosure Document (offering prospectus) must be provided to a prospective franchisee before a sale may be made. New York law requires a franchisor to provide the Franchise Disclosure Document at the earliest of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. (FDD pages 99–263)
What This Means (2025 FDD)
According to the 2025 Stretch Zone Franchise Disclosure Document, after Stretch Zone has performed all of its pre-opening obligations and the franchisee's studio is open for business, Stretch Zone may request that the franchisee sign a certification. This certification is called the "Certificate of Performance." The document is included in the Operations Manual.
This certificate serves as confirmation that Stretch Zone has fulfilled its pre-opening responsibilities as outlined in the franchise agreement. By signing this document, the franchisee acknowledges that Stretch Zone has met its obligations, which could include providing training, site selection assistance, and other support services.
It is important for a prospective Stretch Zone franchisee to carefully review the Operations Manual and understand the specific pre-opening obligations of Stretch Zone before signing the Certificate of Performance. If the franchisee believes that Stretch Zone has not met all of its obligations, they should address these concerns before signing the certificate.