Does Fly To Fit generally own the franchisee's premises?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
Before you open your business:
- A. Your site. We will review and advise you regarding potential locations that you submit to us. (Section 5.4). If you sign a Multi-Unit Development Agreement, we will approve the location of future sites and territories for those sites, and our then-current standards for sites and territories will apply. We are not obligated to further assist you in locating a site or negotiating the purchase or lease of the site.
- (i) We generally do not own your premises.
- (ii) If your site is not already known and approved by us when you sign your franchise agreement, then we and you will specify in your franchise agreement the area in which you must select a site (Franchise Agreement, Summary Page). We do
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 23–30)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, Fly To Fit does not generally own the franchisee's premises. The FDD states that Fly To Fit will review and advise franchisees regarding potential locations that they submit. However, Fly To Fit is not obligated to further assist in locating a site or negotiating the purchase or lease of the site.
If the site is not already known and approved when the franchise agreement is signed, the agreement will specify the area in which the franchisee must select a site. The franchisee is responsible for conforming the premises to local ordinances and building codes, as well as obtaining any required permits. Fly To Fit will provide standard building plans, specifications, and recommended floor plans.
This arrangement, where the franchisee is responsible for securing their own location, is typical in the franchise industry. It allows the franchisee to choose a location that best suits their market and financial situation, while Fly To Fit retains approval rights to ensure brand consistency and suitability.