Does the Fly Fitness franchise agreement include a section on 'Grant of Franchise'?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
1. RECITATIONS.
The Recitations set out above form part of this Agreement.
2. GRANT OF FRANCHISE.
Franchisor hereby grants to Franchisee and Franchisee accepts, upon the terms and conditions contained in this Agreement, the license to operate a Fly Fitness franchise (the "Franchise" or the "Franchised Business"), using only the Marks licensed hereunder, in strict conformity with the System, which may be changed, improved, and further developed by Franchisor from time to time. This grant applies only to a single location within a territory that is designated in Attachment 3 attached hereto and incorporated herein (the "Territory").
3. TERRITORY.
Source: Item 22 — CONTRACTS (FDD pages 44–45)
What This Means (2024 FDD)
Yes, according to Fly Fitness's 2024 Franchise Disclosure Document, the franchise agreement does include a section titled 'Grant of Franchise'. Specifically, Section 2 of the franchise agreement outlines the grant of the franchise.
This section states that Fly Fitness grants the franchisee a license to operate a Fly Fitness franchise. This license allows the franchisee to use the brand's marks, but only in strict accordance with the Fly Fitness system. The franchisor can change, improve, and further develop this system over time.
The grant of franchise applies only to a single location within a designated territory. The specific territory is detailed in Attachment 3 of the franchise agreement. This attachment is incorporated by reference into the agreement.