Where can I find the Fly To Fit form of Rider to Lease Agreement?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
- A. Real Estate. Your business location is subject to our approval and must meet our specifications. You must use reasonable efforts to have your landlord sign our form of Rider to Lease Agreement (attached to this disclosure document as Exhibit D).
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 19–21)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, the form of Rider to Lease Agreement that Fly To Fit requires franchisees to have their landlord sign can be found as Exhibit D attached to the FDD. Franchisees must use reasonable efforts to get their landlord to sign this form. This agreement likely outlines the specific requirements and obligations of the landlord in relation to the Fly To Fit franchise operating on their property.
This requirement is a fairly standard practice in franchising, as it allows Fly To Fit to ensure that the leased premises meet their operational standards and protect their brand. The Rider to Lease Agreement may cover aspects such as signage, modifications to the property, and access rights. It is important for prospective franchisees to carefully review this agreement and discuss it with their landlord to ensure that all parties are in agreement before signing the lease.
As a prospective franchisee, you should carefully review Exhibit D and understand its implications. Discuss it with a legal professional to ensure that the terms are reasonable and do not place undue burdens on you or your landlord. Also, be prepared to negotiate with your landlord to secure their signature on the Rider to Lease Agreement, as this is a requirement for opening your Fly To Fit franchise.