What document does Fly To Fit Franchise issue when it accepts a proposed location?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
- (ii) When Fly To Fit Franchise accepts the Location, it will issue a Location Acceptance Letter in the form of Attachment 2 which states the Location and Territory.
Fly To Fit Franchise shall determine the Territory in its good faith discretion, substantially in accordance with Item 12 of the Franchise Disclosure Document.
If Fly To Fit Franchise fails to state the Territory in writing within 60 days after Franchisee opens the Business to the public, the Territory will be deemed to be the zip codes which include and immediately surround the location of the franchised business and comprise a total of 200,000 population.
Source: Item 22 — CONTRACTS (FDD page 44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, when Fly To Fit accepts a proposed location from a franchisee, it issues a Location Acceptance Letter. This letter, in the form of Attachment 2, officially states the approved location and the territory assigned to that location. If Fly To Fit does not provide written acceptance of a proposed location within 30 days, the location is considered rejected.
The Location Acceptance Letter is a critical document for the franchisee as it defines the physical site and the geographic area within which they are authorized to operate their Fly To Fit franchise. The territory is determined by Fly To Fit in its discretion, following guidelines in Item 12 of the FDD. If Fly To Fit fails to define the territory in writing within 60 days after the franchisee opens for business, the territory will default to the zip codes including and immediately surrounding the franchise location, encompassing a total population of 200,000.
Attachment 2 provides a template for the Location Acceptance Letter, including fields for the business location and territory. It also includes signature lines for Fly To Fit Franchise, LLC, to be signed by an authorized representative with their name, title, and date. This formalizes the agreement between Fly To Fit and the franchisee regarding the approved location and territory, setting the stage for the franchisee to move forward with development and opening of their Fly To Fit business.