Who is responsible for negotiating the purchase or lease of an approved site for a Fly Fitness franchise?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
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, the franchisee is responsible for negotiating the purchase or lease of an approved site. Fly Fitness will provide 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 describing the proposed location and providing any other information about the site that Fly Fitness reasonably requests. Fly Fitness will respond within 15 business days, either accepting or rejecting the proposed location.
Fly Fitness considers factors such as the general location and neighborhood, distance from neighboring franchise territories, proximity to major roads and residential areas, traffic patterns, condition of premises, tenant mix, and demographic characteristics of the area when approving a site. If a franchisee does not 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 Franchise Agreement.
Fly Fitness will not own or lease a site to the franchisee. This means the franchisee bears the responsibility of finding a suitable location that meets Fly Fitness's criteria and then independently negotiating the terms of the purchase or lease agreement with the site owner. This is a common arrangement in franchising, where the franchisee typically handles local real estate matters while the franchisor provides guidance and approval.