Vaura

The franchise fee of $100,000 is significantly higher than the typical range of $40,000-$60,000 for fitness franchises. What specific value, training, or support justifies this premium pricing compared to competitors?

Can you provide detailed information about the 5 litigation cases filed against the franchisor in the past 3 years, including the nature of each dispute, current status, and outcomes?

The system currently has only 1 unit. How long has this unit been operating, and what is the franchisor's growth strategy for unit expansion?

The non-compete radius of 5 miles is below the typical range of 10-25 miles. Does this limited restriction create risk of market saturation or direct competition from former franchisees in the same area?

The total potential contract term of 30 years exceeds the typical 15-20 year range. What are the specific conditions or performance metrics required to qualify for each renewal option?

What are the 11 non-curable defaults listed in the franchise agreement that allow immediate termination without a cure period?

The agreement requires minimum performance of 80% of annual average gross sales of all franchisees. How is this benchmark calculated, and what happens if a franchisee falls below this threshold?

Personal guarantees are required from designated principals on a joint and several basis. If the franchise fails, can the franchisor pursue personal assets of the guarantors?

The transfer fee of $25,000 exceeds typical ranges. Is this fee refundable or non-refundable if the franchisor does not approve the transfer?

Can you clarify the franchisor's supplier approval requirements? Are there exclusive supplier relationships, and does the franchisor receive rebates or commissions from approved suppliers?

What is the composition of the reported average gross sales of $1,079,328? How many units' financial data is this based on, given the system has only 1 current unit?

The 18% annual interest rate on unpaid obligations is specified in the financial obligations clause. How frequently is this applied, and what triggers this interest assessment?

What specific circumstances led to the 3 cases initiated against the franchisor? Were any related to franchisee disputes, contract interpretation, or regulatory compliance?

The non-compete clause covers fitness businesses including exercise classes, physical training, gym services, and crossfit. How broadly does the franchisor interpret competitive activities, and are there any excluded activities?

What advertising participation is mandatory, and are there specific minimum spending requirements separate from the 2% ad fund contribution?

The franchisor reserves rights to establish maximum, minimum, or other pricing. What pricing controls has the franchisor actually exercised, and are there any price floors or ceilings currently in place?

Can you provide the renewal fee of $25,000 breakdown and clarify what is included in renewal versus the 9 renewal conditions that must be satisfied?

The agreement requires operation during franchisor-specified hours. What are the current mandatory operating hours, and can franchisees request modifications based on local market conditions?

Given the high franchise fee and elevated transfer/renewal fees, what is the franchisor's policy on fee adjustments or credits if performance standards are unmet?

Are there any ongoing litigation cases currently pending that should be disclosed to prospective franchisees, and what is the franchisor's timeline for resolving outstanding disputes?