factual

What happens if I and Fly To Fit cannot agree on a site?

Fly_To_Fit Franchise · 2024 FDD

Answer from 2024 FDD Document

If we and you cannot agree on a site, you will be unable to comply with your obligation to develop and open the franchise by the deadline stated in the franchise agreement.

Unless we agree to extend the deadline, you will be in default and we may terminate your franchise agreement.

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, if you and Fly To Fit cannot agree on a site, you will not be able to meet the obligation to develop and open the franchise by the deadline stated in the franchise agreement. Unless Fly To Fit agrees to extend the deadline, you will be in default, and Fly To Fit may terminate your franchise agreement.

Fly To Fit will review and advise you regarding potential locations that you submit to them. If you sign a Multi-Unit Development Agreement, Fly To Fit will approve the location of future sites and territories for those sites, and their then-current standards for sites and territories will apply. Fly To Fit is not obligated to further assist you in locating a site or negotiating the purchase or lease of the site. Fly To Fit does not select your site, but your site is subject to their approval.

To obtain Fly To Fit's approval, you must provide all information and documents about the site that they require. The factors Fly To Fit considers in approving sites are general location and neighborhood, competition, trade area demographics, traffic patterns, parking, size, physical characteristics of existing buildings, and lease terms. The time limit for Fly To Fit to approve or disapprove your proposed site is 30 days after you submit all of their required documents and information.

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.