factual

Is a transferee of a Fly Fitness franchise required to complete the Initial Training Program?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 16.2.

Restrictions on Transfers by Franchisee.

Franchisee's rights and duties under this Agreement are personal to Franchisee as it is organized and with the Principals of the business as they exist on the date of execution of this Agreement, and Franchisor has made this Agreement with Franchisee in reliance on Franchisor's perceptions of the individual and collective character, skill, aptitude, attitude, business ability, and financial capacity of Franchisee.

Thus, no transfer, as hereafter defined, may be made without Franchisor's prior written approval.

Franchisor may void any transfer made without such approval.

  • 16.3.

Transfers by Franchisee.

Franchisee shall not directly or indirectly sell,

Source: Item 22 — CONTRACTS (FDD pages 44–45)

What This Means (2024 FDD)

The 2024 Fly Fitness Franchise Disclosure Document outlines the conditions for franchise transfers, but it does not explicitly state whether a transferee is required to complete the initial training program. Item 16 discusses the transfer of the franchise agreement, noting that Fly Fitness must approve any transfer. The document specifies that Fly Fitness grants the agreement to a franchisee based on their individual skills, character, and financial capacity. This suggests that a transferee would need to meet Fly Fitness's standards, which could include training.

However, the FDD does not directly address whether the transferee must complete the same initial training as a new franchisee. Section 7.2 discusses the initial management training program and states that Fly Fitness will determine if the initial trainees have satisfactorily completed the program. If they have not, Fly Fitness may terminate the agreement. This section focuses on the initial franchisee and their principals, not on potential transferees.

To fully understand the training requirements for a transferee, a prospective franchisee should ask Fly Fitness directly about their specific policies. Clarification from Fly Fitness is necessary to determine whether a transferee must undergo the initial training program or if there is an alternative training process for transferees.

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.