Pvolve

The transfer fee of $26,250 is substantially higher than typical for fitness franchises. What specific conditions or circumstances trigger the transfer fee, and are there any scenarios where this fee is waived or reduced?

The contract includes 25 termination causes compared to the typical range of 15-21. Can you provide a detailed breakdown of these termination causes and clarify which are performance-based versus discretionary?

Why does the franchise include a 10-year initial term with potential for 25 years total, which exceeds the typical range? What is the strategic rationale for this extended commitment structure?

The contract requires 18% annual interest on late payments. What is considered a 'late' payment, and how frequently have franchisees incurred these charges?

Can you provide examples of the mandatory refurbishing requirements referenced in renewal conditions and estimated costs associated with bringing a location to current brand standards?

The agreement specifies 'no minimum performance standards' according to the disclosure. How does the franchisor evaluate franchisee performance for renewal eligibility or termination decisions?

What specific support and training services justify the Support & Training score of 100, which exceeds typical fitness franchise ranges? Please detail the ongoing training and support provided post-opening.

Given the system's rapid growth (166.7% in one year), how has the franchisor's support infrastructure and training capacity scaled to maintain service quality?

All franchisees and their spouses must sign nondisclosure and noncompete agreements. Can you clarify the scope of these agreements and whether they survive contract termination or expiration?

Why is the territory protected but not exclusive, and what specific encroachment protections exist to prevent the franchisor from opening competing locations?

Have any franchisees expressed concerns about mandatory advertising cooperative participation or the 2.0% ad fund allocation? How is this fund administered and reported?

The Investment Costs score is 66, below the typical range. What is the full initial investment requirement, including build-out, equipment, working capital, and other startup costs?

With zero litigation cases in the system's history, have any disputes been resolved through arbitration or settlement without formal legal action?

What is the current status and growth trajectory of the 16 existing units, including average unit volumes, profitability, and franchisee satisfaction levels?

Given the rapid unit growth, how does the franchisor manage territory assignments and protect existing franchisees from market saturation or cannibalization?

Can you provide details on the circumstances and outcomes of the renewal process, specifically regarding the 8 renewal conditions and the $5,000 successor fee?

Are there any financial performance benchmarks or royalty reduction incentives for franchisees who meet or exceed specific sales targets?

What happens to a franchisee's non-compete obligation if the franchisor terminates the franchise versus the franchisee choosing not to renew?