How does Fly To Fit define an 'Approved Vendor'?

According to Fly To Fit's 2024 Franchise Disclosure Document, an 'Approved Vendor' is defined as a supplier, vendor, or distributor of inputs that has been approved by Fly To Fit. This definition is important for prospective franchisees as it dictates where they are allowed to source the goods, services, supplies, fixtures, equipment, inventory, and other items necessary for establishing and operating their Fly To Fit business.

Fly To Fit retains the authority to set requirements regarding purchasing from approved or required vendors, and they may change the status of any vendor at any time by issuing updated System Standards. If Fly To Fit requires franchisees to purchase a particular input only from an Approved Vendor or Required Vendor, and a franchisee wants to purchase that input from a different vendor, the franchisee must submit a written request for approval, including any information, specifications, and/or samples requested by Fly To Fit.

Fly To Fit also maintains the right to negotiate prices and terms with vendors on behalf of the entire system and may receive rebates, payments, or other consideration from vendors based on franchisee purchases. Furthermore, Fly To Fit is not liable for any claims or losses related to products or services provided by Approved Vendors or Required Vendors, including defects, delays, or unavailability. Franchisees must comply with Fly To Fit's instructions and those of vendors, suppliers, or manufacturers regarding any recalls, repairs, or replacements of defective or dangerous items used or sold in their business.