Are there any state-specific modifications to the Fly Fitness franchise agreement?
Fly_Fitness Franchise · 2024 FDDAnswer 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 may be subject to state-specific addenda. Item 17 of the FDD indicates that there are special state disclosures that may modify the standard franchise agreement.
Prospective franchisees should carefully review the state addenda, if any, applicable to their state of residence or the state in which they plan to operate the Fly Fitness franchise. These addenda could cover a variety of topics, including but not limited to dispute resolution, termination rights, renewal options, and transfer conditions, all of which could differ from the standard terms outlined in the main franchise agreement.
It is important for potential Fly Fitness franchisees to understand these state-specific modifications, as they can significantly impact their rights and obligations under the franchise agreement. Consulting with a legal professional experienced in franchise law is recommended to fully comprehend the implications of these state-specific disclosures.