What exhibits are included in the Fly Fitness Franchise Disclosure Document dated May 1, 2024?

According to Fly Fitness's Franchise Disclosure Document dated May 1, 2024, several exhibits are included. These exhibits provide franchisees with important information and agreements related to the franchise.

The exhibits include: Exhibit A, which is a list of state franchise administrators and agents for service of process; Exhibit B, the Franchise Agreement itself; Exhibit C, the Multi-Unit Development Agreement for franchisees interested in developing multiple locations; Exhibit D, the Financial Statements of Fly Fitness; Exhibit E, the Operations Manual Table of Contents, giving an overview of the manual that governs the operation of the franchise; Exhibit F, a list of Franchised Outlets; Exhibit G, the Franchisee Acknowledgement Statement; Exhibit H, State Addenda providing state-specific modifications to the franchise agreement; and Exhibit I, a receipt acknowledging the franchisee received the FDD.

Prospective franchisees should carefully review each of these exhibits as they contain critical details about the Fly Fitness franchise system, their obligations, and the franchisor's commitments. Understanding these documents is essential before making a final investment decision. For example, the Franchise Agreement (Exhibit B) outlines the terms and conditions of the franchise, while the Financial Statements (Exhibit D) provide insight into Fly Fitness's financial health. State Addenda (Exhibit H) are particularly important as they modify the standard agreement to comply with specific state laws, which can significantly impact a franchisee's rights and responsibilities.