Why can't Fly To Fit include all financial statements required by the Franchise Rule?

Based on the 2024 Fly To Fit Franchise Disclosure Document, Fly To Fit does not furnish or authorize its salespeople to furnish any oral or written information concerning the actual or potential sales, costs, income, or profits of a franchise. The FDD states that actual results vary from unit to unit, and Fly To Fit cannot estimate the earnings of any particular franchise.

This means that Fly To Fit does not provide any financial performance representations in Item 19 of its FDD. A potential franchisee will not receive any specific financial data or projections from the franchisor regarding potential revenues, costs, or profits. Instead, the FDD recommends that prospective franchisees conduct an independent investigation of the costs and expenses they will incur in operating their Fly To Fit business.

Fly To Fit suggests that potential franchisees may obtain information from current or former franchisees listed in the offering circular. This emphasizes the importance of due diligence and independent research to assess the potential financial viability of a Fly To Fit franchise. Prospective franchisees should carefully consider this lack of financial information from the franchisor and plan to conduct thorough market research and financial analysis before making a decision.