Does the Fly Fitness franchise agreement specify any required actions related to renewal?

According to Fly Fitness's 2024 Franchise Disclosure Document, Item 17 addresses the renewal, termination, transfer, and dispute resolution aspects of the franchise agreement. Specifically, it mentions that important provisions of the franchise and related agreements are listed in a table, and prospective franchisees should read these provisions in the agreements attached to the disclosure document. This suggests that the requirements for renewal, if any, would be detailed in those agreements.

However, the provided excerpts of Item 17 do not include the actual table outlining the specific renewal terms. The document only directs the reader to the franchise agreement itself for these details. Without the table, it's impossible to determine from these excerpts what actions a franchisee must take to qualify for renewal under the Fly Fitness franchise agreement.

To fully understand the renewal process, a potential Fly Fitness franchisee should carefully review the complete franchise agreement and any related addenda. They should also consider asking Fly Fitness for clarification on the renewal process, including any deadlines, fees, required upgrades, or performance criteria that must be met to be eligible for renewal. Additionally, it would be prudent to consult with a franchise attorney to ensure a complete understanding of their rights and obligations regarding renewal.