Can Fly To Fit collect payments from franchisees on behalf of vendors?

According to Fly To Fit's 2024 Franchise Disclosure Document, Fly To Fit has the right, but not the obligation, to collect payments from franchisees on behalf of a vendor. Fly To Fit can then remit these payments to the vendor. Furthermore, Fly To Fit can impose a reasonable markup or charge for administering this payment program.

This means that Fly To Fit franchisees may be required to participate in a payment program where Fly To Fit collects payments for goods or services provided by vendors. This could streamline the payment process for franchisees, but it also gives Fly To Fit control over these transactions. The FDD does not specify under which circumstances Fly To Fit would exercise this right.

Fly To Fit's ability to charge a markup for administering the payment program could result in additional costs for the franchisee. However, the markup must be reasonable. Franchisees should seek clarification from Fly To Fit regarding the specific details of this payment program, including when it would be implemented, which vendors would be included, and how the markup or administrative charge would be determined.