What factors does Fly To Fit consider when evaluating a franchisee's relocation request?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
You do not have the right to relocate your business, and we have no obligation to approve any request for relocation. Our policy is to approve relocation of a franchisee's business on caseby-case basis, considering factors such as changes in demographics, profitability of your current business, or a loss of your premises due to circumstances beyond your control.
Source: Item 12 — TERRITORY (FDD pages 30–31)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, franchisees do not have the right to relocate their business, and Fly To Fit has no obligation to approve any request for relocation. However, Fly To Fit's policy is to consider relocation requests on a case-by-case basis.
Fly To Fit will consider factors such as changes in demographics, the profitability of the franchisee's current business, or the loss of the premises due to circumstances beyond the franchisee's control. This means that if the area around the current location has seen a significant shift in population or customer base, impacting the business, Fly To Fit might consider a move. Similarly, if the business is struggling financially, relocation could be an option. Finally, if the current location is no longer available due to unforeseen events like natural disasters or lease terminations, Fly To Fit may be open to relocation.
This policy provides some flexibility for franchisees facing challenging circumstances, but it's important to note that approval is not guaranteed. Franchisees should carefully document any factors supporting their relocation request to present a strong case to Fly To Fit. Prospective franchisees should discuss specific relocation scenarios with Fly To Fit during their due diligence to understand the likelihood of approval under various circumstances.