factual

Which sections of the Stretch Zone Franchise Agreement detail the franchisee's obligations regarding fees?

Stretch_Zone Franchise · 2025 FDD

Answer from 2025 FDD Document

Obligation Section in Franchise Agreement Franchise Disclosure Document ITEM
a. Site selection and acquisition/lease Section 4.1 ITEMS 6, 7, 8 and 11
b. Pre-opening purchases/leases Sections 4.1, 4.2, 4.3, 4.4,4.5, 4.7, 4.8, 4.9, 4.11, and 4.12 ITEMS 5, 7, 8 and 11
c. Site development and other pre Sections 4.1 and 4.2 ITEMS 7, 8 and 11
opening requirements
d. Initial and ongoing training Sections 2.9, 2.11 and 2.12(f) ITEMS 6, 7, 8 and 11
e. Opening Section 4.10 ITEMS 7, 8 and 11
f. Fees Sections 1.5(d), 2.9, 2.12(f) 3.1, 3.4, 3.6, 4.6(d), 4.7(d), 4.10(a), 4.22, 6.1, 8.3(b), 9.7, 10.2(b)(vi), 10.2(f)(vii), 12.8, 16.2(a)(iv) and 17.6 ITEMS 5, 6 and 7

Source: Item 9 — ITEM -9 FRANCHISEE'S OBLIGATIONS (FDD pages 33–36)

What This Means (2025 FDD)

According to Stretch Zone's 2025 Franchise Disclosure Document, Item 9 details the franchisee's obligations, including those pertaining to fees. Specifically, the sections within the Franchise Agreement that outline the franchisee's responsibilities regarding fees are listed as Sections 1.5(d), 2.9, 2.12(f) 3.1, 3.4, 3.6, 4.6(d), 4.7(d), 4.10(a), 4.22, 6.1, 8.3(b), 9.7, 10.2(b)(vi), 10.2(f)(vii), 12.8, 16.2(a)(iv) and 17.6.

These sections likely cover various aspects of fees, such as initial franchise fees, royalty fees, advertising fees, and other potential costs associated with operating a Stretch Zone franchise. It is important to note that these sections are connected to items 5, 6, and 7 of the Franchise Disclosure Document, which likely provide further details and context regarding these fees.

A prospective Stretch Zone franchisee should carefully review each of these sections within the Franchise Agreement to fully understand their financial obligations. This includes understanding when each fee is due, how it is calculated, and what happens if fees are not paid on time. Consulting with a franchise attorney or financial advisor is highly recommended to ensure a complete understanding of these obligations before signing the agreement.

Disclaimer: This information is extracted from the 2025 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.