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For a Fly Fitness franchise, when is the territory and address determined if not on the Effective Date?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
| "(If there is no Approved Location on the Effective Date, insert: **TERRITORY AND ADDRESS | |
|---|---|
| TO BE DETERMINED AND INSERTED AFTER A FLY FITNESS PREMISES IS IDENTIFIED | |
| BY FRANCHISEE AND APPROVED BY FRANCHISOR, IN ACCORDANCE WITH SECTION | |
| 8.1 OF THE FRANCHISE AGREEMENT, IN | THE SITE SEACH AREA OF |
| ) |
Source: Item 22 — CONTRACTS (FDD pages 44–45)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, if there is no approved location on the effective date of the franchise agreement, the territory and address are determined and inserted after a Fly Fitness premises is identified by the franchisee and approved by Fly Fitness, in accordance with Section 8.1 of the Franchise Agreement, in the site search area.
Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.