factual

Does Fly Fitness provide initial training for each additional Franchised Business?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

5.1 Valid Exercise. Developer shall exercise the development rights granted hereunder only by entering into a separate Franchise Agreement with Franchisor for each Franchised Business for which a development right is granted. Developer shall execute and deliver to Franchisor, concurrently with the execution and delivery of this Agreement, Franchisor's current form of Franchise Agreement for the first Franchised Business to be established by Developer pursuant to the Mandatory Development Schedule. For each subsequent Franchised Business to be established hereunder, Developer shall execute and deliver to Franchisor Franchisor's then-current form of Franchise Agreement, which shall be presented to Developer together with Franchisor's then-current Franchise Disclosure Document. The then-current form of Franchise Agreement may differ from the current form of Franchise Agreement. Further, Developer acknowledges and agrees that Developer shall not receive any initial training related to each additional Franchised Business. Developer hereby waives all obligations by Franchisor to provide any training to Developer contained in each Franchise Agreement, other than the initial Franchise Agreement executed concurrently with this Agreement, by and between Franchisor and Developer. Developer hereby acknowledges and agrees that the training Developer receives pursuant

Source: Item 23 — RECEIPT (FDD pages 45–182)

What This Means (2024 FDD)

According to Fly Fitness's 2024 Franchise Disclosure Document, if a developer enters into a Multi-Unit Development Agreement, they will not receive initial training for each additional franchised business. The FDD states that the developer waives all obligations by Fly Fitness to provide any training contained in each Franchise Agreement, other than the initial Franchise Agreement executed concurrently with the agreement.

Fly Fitness states that the training the developer receives pursuant to the initial Franchise Agreement is sufficient to allow the developer to construct, equip, open, and operate each of the Franchised Businesses in the Development Area.

This means a prospective franchisee who signs a Development Agreement with Fly Fitness will only receive initial training for their first location. It is important that the franchisee feels adequately prepared by the initial training to open and operate subsequent locations successfully.

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.