Does the Fly Fitness Franchise Agreement contain provisions about transfer?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]
THE FRANCHISE RELATIONSHIP
This table lists certain important provisions of the franchise and related agreements. You should read these provisions in the agreements attached to this disclosure document.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 33–40)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, Item 17 addresses renewal, termination, transfer, and dispute resolution. Specifically, it mentions important provisions of the franchise and related agreements.
Item 17 indicates that the Franchise Agreement does contain provisions about transfer. However, the document instructs potential franchisees to read the provisions in the agreements attached to the disclosure document.
Prospective franchisees should carefully review the actual Franchise Agreement to understand the specific terms and conditions related to the transfer of a Fly Fitness franchise. This includes any restrictions, required approvals, and associated fees.