What is the full legal name of the Fly To Fit franchisor?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
In this disclosure document, "we", "us," or "our" refers to Fly To Fit Franchise, LLC. "You" means the person to whom we grant a franchise. If you are a corporation, limited liability company, or other entity, each owner of the franchise entity must sign our Guaranty and Non-Compete Agreement, which means that all of the franchise agreement's provisions also will apply to your owners.
Us, Any Parents, and Certain Affiliates
Our name is Fly To Fit Franchise, LLC. Our principal business address is 1814 Central Ave, Albany, NY 12205. We do not have any parent entities. We do not have any affiliates that offer franchises in any line of business or provide products or services to our franchisees.
Our Predecessors
We do not have any predecessors.
Our Business Name
We use the names "Fly To Fit Franchise, LLC" and "Fly To Fit". We do not intend to use any other names to conduct business.
Agent for Service of Process
Our agent for service of process in Delaware is Delaware Registered Agent Inc, and the agent's principal business address is 8 The Green, Ste A, Dover, DE 19901. Our agents for service of process in other states are disclosed in Exhibit A.
Business Organization
We are a Delaware Limited Liability Company. We were formed on 8/22/2022.
Information About Our Business and the Franchises Offered
We do not operate businesses of the type being franchised, but our Affiliate does.
We do not have any other business activities. We have not offered franchises in other lines of business.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–11)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, the franchisor's full legal name is Fly To Fit Franchise, LLC. The FDD clarifies that "we", "us," or "our" refers to Fly To Fit Franchise, LLC within the document. The principal business address for Fly To Fit Franchise, LLC is 1814 Central Ave, Albany, NY 12205. Fly To Fit Franchise, LLC does not have any parent entities or affiliates that offer franchises in any other line of business or provide products/services to franchisees. Fly To Fit Franchise, LLC was formed on August 22, 2022, as a Delaware Limited Liability Company.
For prospective franchisees, understanding the franchisor's legal structure is crucial. Because Fly To Fit Franchise, LLC is a limited liability company, it may offer some protection of personal assets in case of business debts or lawsuits, which is a common reason for structuring a franchise company as an LLC. The absence of parent entities or franchising affiliates simplifies the relationship for franchisees, as they will deal directly with Fly To Fit Franchise, LLC. The document also specifies that if the franchisee is a corporation, LLC, or other entity, each owner of the franchise entity must sign a Guaranty and Non-Compete Agreement, meaning all provisions of the franchise agreement will apply to the owners as well.
It is also important to note that Fly To Fit Franchise, LLC does not operate businesses of the type being franchised, but their affiliate does. The affiliate, Fly To Fit Bungee Fitness, LLC, has operated a Fly To Fit location in Albany, New York since July 2018. This distinction is important because the affiliate's operating experience may be relevant to the support and training that Fly To Fit franchisees receive. The FDD indicates that Fly To Fit Franchise, LLC has been offering franchises since February 2024.