Is attendance at the Fly Fitness annual business meeting or franchisee conference mandatory?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
We may conduct mandatory or optional additional training programs, including an annual conference or national business meeting. If we require it, you must attend mandatory training programs that we offer for up to three (3) days each year, and an annual conference or national business meeting for up to three (3) days each year, at a location we designate. Failure to attend mandatory training, including an annual conference or business meeting is a default under the Franchise Agreement. We reserve the right to impose a reasonable fee for tuition and/or attendance for all additional training programs, including the annual business meeting or conference. You must also pay your transportation, lodging, meals, and other expenses to attend any mandatory training program. If you fail to attend any mandatory training program, you are required to obtain the training at a location we designate, at your sole cost, which includes tuition at the then-current rate, plus all of your travel costs and our trainer's travel costs.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 22–29)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, attendance at the annual business meeting or franchisee conference can be mandatory. Fly Fitness may conduct mandatory or optional additional training programs, including an annual conference or national business meeting. If Fly Fitness requires it, franchisees must attend mandatory training programs that Fly Fitness offers for up to three days each year, and an annual conference or national business meeting for up to three days each year, at a location Fly Fitness designates.
Failure to attend mandatory training, including an annual conference or business meeting, is a default under the Franchise Agreement. Fly Fitness reserves the right to impose a reasonable fee for tuition and/or attendance for all additional training programs, including the annual business meeting or conference. Franchisees must also pay their transportation, lodging, meals, and other expenses to attend any mandatory training program.
If a Fly Fitness franchisee fails to attend any mandatory training program, they are required to obtain the training at a location Fly Fitness designates, at their sole cost, which includes tuition at the then-current rate, plus all of their travel costs and Fly Fitness's trainer's travel costs. This highlights the importance of budgeting not only for the initial franchise fee and ongoing royalties but also for potential mandatory training and conference expenses.