Iron BodyFit

Franchise agreement

At all times, Franchisee shall exclusively use the Business Management Systems designated by Franchisor, in Franchisor’s Reasonable Business Judgment, and as may be modified, supplemented, or replaced by Franchisor from time to time.

Franchise agreement

At all times, Franchisee shall provide and permit Franchisor to maintain direct and independent access to the Business Management System and Franchisee shall electronically transfer and transmit to Franchisor all Business Management System Data;

Franchise agreement

within 30 days of the end of each calendar month Franchisee shall submit to Franchisor monthly financial statements and other reports related to the operations of the Franchised business

Item 8

We may designate ourselves and our affiliates as exclusive suppliers of source restricted goods and services.

Item 8

We may designate a supplier, including ourselves or our affiliates, as the exclusive supplier for the System.

Item 8

During the fiscal year ending December 31, 2024, we have not received any rebates from franchisee purchases.

Item 8

We estimate that your purchase of goods and services from suppliers according to our specifications, including your purchase of goods or services from our designated exclusive suppliers, to represent approximately 70% of your total purchases and leases in establishing the Franchised Business and approximately 50% of…

Item 8

We may charge you a fee equal to the costs and expenses that we incur in reviewing and evaluating an alternate supplier, product, and/or service requested by you.

Item 8

If you want to purchase or lease a source restricted item from a supplier that has not been previously approved or designated by us in writing, you must send us a written request for approval and submit additional information, samples, and testing data that we may request.

Franchise agreement

In the event of the termination of this Agreement, for any reason, that the accounts related to all telephone numbers associated with the Franchised Business and all rights in and to the telephone numbers associated with the Franchised Business, shall, at Franchisor’s election, be transferred to Franchisor.

Franchise agreement

Franchisor has the right at any and all times during business hours, throughout the terms of this Agree and without prior notice to Franchisee, to inspect Franchisee’s Studio.

Item 11

At all times, we reserve the right to supplement, modify and update the Manuals.

Item 11

You must obtain our approval of your Studio Location.

Item 11

You may not use any websites, web-based media or digital media unless expressly approved by us in writing.

Item 7

You must spend a minimum of $8,000 prior to the opening your Studio to promote your grand opening.

Item 11

On an on-going calendar year monthly basis, you must spend not less than $1,600 on the local marketing of your Studio.

Franchise agreement

customer service and satisfaction standards including, customer rewards programs, refund policies, gift card policies, special promotions and other customer incentive and goodwill programs

Item 11

If we establish a cooperative within a market that includes your Studio you must contribute to the cooperative in such amounts and frequency as determined by the cooperative.

Item 8

You must purchase the System Supplies, as designated by us, from us, our affiliates, and/or our designated suppliers.

Item 8

You may only use those products, supplies, equipment, technology systems, and services that we authorize and designate in writing.

Item 8

Credit Card Processing – You must use our designated supplier and vendor for credit card processing which may be integrated with the point-of-sale system that we designate.

Item 6

ITEM 6 OTHER FEES Type of Fee Amount Due Date Remarks (Note 1) Royalty (Notes 2 and Monthly on the Will be debited automatically from 3) first Thursday of your bank account by ACH or other Monthly each month means designated by us.

Item 15

At all times, your Studio must be managed and supervised on-site by either a Managing Owner or Operating Manager.

Item 11

For the protection of the System, you must ensure that all employees wear and maintain the proper uniforms with our approved System branded apparel and uniforms including, but not limited to, the apparel and uniforms comprising System Supplies.

Item 11

You must purchase, license, and use the computer, point of sale, business management, and ordering systems that we designate.

Item 11

We will have independent access to all of the information and data that is electronically transmitted on your point-of-sale system and will have access to all data related to the financial performance of your Studio.

Franchise agreement

“Business Management System” refers to and means the software, internet, web based and/or cloud- based system or systems, point of sale system or systems and customer relationship management system or systems as same may be individually, or collectively, designated by Franchisor, in Franchisor’s Reasonable Business…

Franchise agreement

Franchisee or, if Franchisee is a Corporate Entity, Franchisee’s Managing Owner, and Manager, at Franchisee’s sole cost and expense, must attend and successfully complete all refresher training courses or system-wide training courses, additional training programs and seminars as Franchisor periodically may designate…

Item 6

If we offer a franchisee annual conference in a given year you will be required to attend the conference on the dates and at the location that we designate.