Does Fly Fitness own or lease sites to franchisees?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
We will not own and/or lease a site to you. You are responsible for negotiating a purchase or lease with the owner of a site we approve. (Franchise Agreement, Sections 8.1.2, 8.1.3,10.1).
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 22–29)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, Fly Fitness does not own or lease sites to its franchisees. The franchisee is responsible for finding and securing a location for their Fly Fitness franchise. Fly Fitness provides site selection guidelines and must approve the location.
Within three months of signing the Franchise Agreement, the franchisee must submit a written request for approval, including information about the proposed location. Fly Fitness will then respond within 15 business days, either accepting or rejecting the site. Fly Fitness considers factors such as the general location, distance from other franchises, proximity to roads and residential areas, traffic patterns, the condition of the premises, tenant mix, and demographic characteristics.
If a franchisee fails to identify a site that meets Fly Fitness's approval within three months of signing the Franchise Agreement, Fly Fitness reserves the right to terminate the agreement. The franchisee is solely responsible for negotiating the purchase or lease agreement with the site owner after Fly Fitness approves the location.