Does the Fly Fitness Franchise Disclosure Document outline the criteria for evaluating a franchisee's performance under the multi-unit development agreement?

Based on the 2024 Fly Fitness Franchise Disclosure Document, Item 17 includes tables that list important provisions of the multi-unit development agreement and franchise agreement. The document advises prospective franchisees to read these provisions in the agreements attached to the disclosure document. However, the excerpt does not specify the criteria Fly Fitness uses to evaluate a franchisee's performance under a multi-unit development agreement.

While the FDD excerpt directs franchisees to review the agreement for specifics, it does not detail the performance evaluation criteria. This means the FDD itself does not provide explicit metrics or standards that Fly Fitness uses to assess franchisees operating under multi-unit development agreements.

Therefore, a potential Fly Fitness franchisee should carefully review the multi-unit development agreement for details on performance expectations and evaluation criteria. If the agreement lacks sufficient detail, the franchisee should seek clarification from Fly Fitness regarding the specific metrics, standards, and processes used to evaluate performance and compliance with the development schedule and operational standards.