Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 8
We or our affiliate(s) may be an approved supplier of one or more of these items.
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 8
We may revise these lists and provide you with a copy of approved lists as we deem advisable.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
1719067Item 8
During our last fiscal year ending December 31, 2025, we received revenues of $1,719,067 as a result of franchisee purchases of strength training equipment, which represents 54% of our total revenue in 2025 of $3,159,849.
Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?
YesItem 8
We (directly or through an affiliate) may derive revenue directly or in the form of rebates or other payments from suppliers, based directly or indirectly on sales of products, advertising materials and other items to franchisees, and from other service providers.
Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?
20Item 8
We estimate that the purchase or lease of products, equipment, software, signs, fixtures, furnishings, supplies, advertising and sales promotions materials and other items meeting our specifications will represent approximately 70% to 90% of the cost to develop the Studio and 20% to 40% of the cost to operate your…
Does the franchisor charge a fee to evaluate a proposed supplier?
YesItem 6
Payable when you We may require you to pay us our then-current Approved Supplier/ Our reasonable and actual costs request our approval inspection and evaluation fee, plus our cost Product Testing Fee incurred of a proposed supplier incurred evaluating the alternative product or or product supplier.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If you propose to use any product, service, material, fixture, equipment, sign or other item that we have not approved, or purchase any items from any supplier that we have not approved, you must first notify us in writing and must provide us with sufficient information, specifications, samples photographs, drawings…