factual

What exhibits are included in the Fly To Fit disclosure document?

Fly_To_Fit Franchise · 2024 FDD

Answer from 2024 FDD Document

Issuance Date: 5/01/2024

I received a disclosure document dated May 1st , 2024, that included the following Exhibits:

  • A. State Administrators and Agents for Service of Process
  • B. Franchise Agreement (with Guaranty and Non-Compete Agreement)
  • C. Multi-Unit Development Agreement
  • D. Rider to Lease Agreement
  • E. Form of General Release
  • F. Financial Statements
  • G. Brand Standards Manual Table of Contents
  • H. Current and Former Franchisees
  • I. State Addenda to Disclosure Document
  • J. State Addenda to Agreements

Source: Item 23 — RECEIPTS (FDD pages 44–134)

What This Means (2024 FDD)

According to Fly To Fit's 2024 Franchise Disclosure Document, the following exhibits are included:

Exhibit A lists State Administrators and Agents for Service of Process, which provides contact information for state regulatory bodies and individuals authorized to accept legal documents on behalf of Fly To Fit. Exhibit B contains the Franchise Agreement, including the Guaranty and Non-Compete Agreement, which outlines the legal terms and conditions of the franchise relationship. Exhibit C includes the Multi-Unit Development Agreement, which is relevant for franchisees planning to open multiple Fly To Fit locations.

Exhibit D provides a Rider to Lease Agreement, which may contain specific terms related to leasing a location for the franchise. Exhibit E is the Form of General Release, a standard legal document that may be required in certain circumstances, such as franchise renewal or sale. Exhibit F contains the Financial Statements of Fly To Fit, offering insights into the company's financial health. Exhibit G includes the Brand Standards Manual Table of Contents, outlining the operational and branding guidelines franchisees must follow.

Exhibit H lists Current and Former Franchisees, providing contact information for potential peer references. Exhibit I contains State Addenda to the Disclosure Document, which includes state-specific legal requirements and modifications to the standard franchise terms. Finally, Exhibit J includes State Addenda to Agreements, which are state-specific modifications to the franchise and multi-unit development agreements.

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.