factual

How much time must the Fly Fitness manager devote to the job?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

The Franchise Agreement requires that you personally supervise your Fly Fitness outlet. Your Fly Fitness outlet must be directly supervised by a general manager who is either the Franchisee or, if the Franchisee is an entity, at least a 10% shareholder in the franchisee entity. Your general manager must successfully complete our Initial Management Training Program and all other training courses we require. If the franchisee is a business entity, your general manager is not required to have an equity interest in the franchisee entity. Your manager must devote full time to the job and cannot have an interest or business relationship with any of our competitors.

Source: Item 15 — OBLIGATIONS OF THE FRANCHISEE TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 33)

What This Means (2024 FDD)

According to Fly Fitness's 2024 Franchise Disclosure Document, the general manager of a Fly Fitness outlet must devote their full time to the job. This requirement ensures that the manager is fully committed to the success of the Fly Fitness business and is not distracted by other ventures. The manager also cannot have any business interests or relationships with Fly Fitness competitors, preventing conflicts of interest and ensuring their loyalty to the Fly Fitness brand.

For a prospective franchisee, this means that if they choose to hire a general manager instead of managing the Fly Fitness outlet themselves, that manager must be entirely dedicated to the Fly Fitness business. This full-time commitment helps maintain consistent operations and service quality, aligning with Fly Fitness's standards.

This requirement also applies if the franchisee is a business entity; the general manager, whether or not they hold an equity interest, must still dedicate their full time to the Fly Fitness business. This ensures that even in a corporate structure, the day-to-day management is handled by someone fully invested in the success of the Fly Fitness franchise.

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.