Does the Fly Fitness franchise agreement require any specific actions?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
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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.
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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 includes tables that list important provisions of both the franchise agreement and the multi-unit development agreement. The FDD states that prospective franchisees should read these provisions in the agreements attached to the disclosure document.
Because the tables themselves are not included in the provided excerpts, it is not possible to identify the specific actions required by Fly Fitness's franchise agreement.
To fully understand the obligations of a Fly Fitness franchisee, it is essential to carefully review the complete franchise agreement and multi-unit development agreement exhibits to the FDD. Prospective franchisees should discuss any questions or concerns with Fly Fitness and seek legal counsel before signing any agreement.