Is the table in the Fly Fitness Franchise Disclosure Document exhaustive of all provisions in the multi-unit development agreement?

According to Fly Fitness's 2024 Franchise Disclosure Document, the table presented in Item 17 regarding the multi-unit development agreement is not exhaustive. The document explicitly states that the table lists "certain important provisions" but does not include all provisions.

This means that prospective franchisees cannot rely solely on the table for a complete understanding of their rights and obligations under the multi-unit development agreement. The table is intended to provide an overview of key aspects, but the full agreement contains additional details and stipulations that could significantly impact the franchisee's investment and operations.

Therefore, Fly Fitness emphasizes the importance of carefully reading the entire multi-unit development agreement attached to the disclosure document. A thorough review of the complete agreement, ideally with the assistance of legal counsel, is essential to make an informed decision about investing in a Fly Fitness franchise. This will ensure that the franchisee is fully aware of all the terms and conditions, potential risks, and responsibilities associated with the multi-unit development agreement.