Where is the 'Development Area' for Fly Fitness described?

According to Fly Fitness's 2024 Franchise Disclosure Document, the description of the 'Development Area' is found in Attachment 3 of the Multi-Unit Development Agreement. The document indicates that the Development Area is described by either inserting a map and/or defining it by zip codes. This attachment is meant to provide a visual or geographical understanding of the area in which the developer has the right to establish Fly Fitness franchises.

For a prospective multi-unit developer, Attachment 3 is a crucial part of the agreement. It defines the boundaries within which they can develop Fly Fitness locations. This could be a specific region, a set of zip codes, or another defined geographic area. Understanding the Development Area is essential for assessing the market potential and planning the rollout of multiple franchise locations.

The agreement also states that the developer desires to obtain the right to further develop and expand the System in accordance with the development schedule described in Section 5.2 hereof (the "Mandatory Development Schedule") within the development area described in Attachment 3 (the "Development Area"). This reinforces the importance of Attachment 3 in defining the scope of the developer's expansion rights and obligations.

Prospective developers should carefully review Attachment 3 to ensure the Development Area aligns with their investment and expansion goals. They should also clarify with Fly Fitness any ambiguities or questions regarding the boundaries, demographics, or market conditions within the Development Area before signing the agreement.