What are the requirements for transferring a Fly Fitness franchise?

According to Fly Fitness's 2024 Franchise Disclosure Document, Item 17 provides a table that lists important provisions of the franchise and related agreements. The document advises that you should read these provisions in the agreements attached to the disclosure document. Unfortunately, the specific requirements for transferring a Fly Fitness franchise are not detailed in the provided excerpts.

To fully understand the requirements for transferring a Fly Fitness franchise, a prospective franchisee should carefully review the franchise agreement itself and any related addenda. These documents will outline the specific steps, conditions, and any fees associated with transferring ownership to another party.

It would be prudent for a potential Fly Fitness franchisee to ask the franchisor directly about the transfer process. Specifically, they should inquire about any restrictions on who can be a transferee, what training or qualifications the transferee must possess, and what role Fly Fitness plays in approving or denying a transfer request. Understanding these requirements is crucial for any franchisee considering selling their business in the future.