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Are there any specific provisions in the Fly Fitness multi-unit development agreement that are subject to state-specific regulations?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

See the state addenda to this Franchise Disclosure Document and the Franchise Agreement for special state disclosures.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 33–40)

What This Means (2024 FDD)

According to Fly Fitness's 2024 Franchise Disclosure Document, the franchise agreement and related documents may have state-specific addenda. This implies that certain provisions within the multi-unit development agreement could be subject to regulations that vary from state to state.

For a prospective Fly Fitness franchisee, this means it is crucial to carefully review any state-specific addenda that are included with the Franchise Disclosure Document and the franchise agreement. These addenda will outline any modifications or exceptions to the standard agreement that are required to comply with the laws of the franchisee's specific state.

It would be prudent for a potential Fly Fitness franchisee to seek legal counsel to fully understand the implications of these state-specific provisions. This will ensure they are aware of their rights and obligations under the franchise agreement, as well as any unique requirements or restrictions that may apply in their state. Ignoring these state-specific regulations could lead to legal or financial repercussions down the line.

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.