If Fly To Fit Franchise cures a default, what costs can they charge the franchisee?

According to Fly To Fit's 2024 Franchise Disclosure Document, if the franchisee is in default of their agreement and Fly To Fit takes action to cure that default, the franchisee is responsible for reimbursing Fly To Fit for all associated costs and expenses. This includes any internal costs that Fly To Fit incurs while addressing the default.

In addition to covering the direct costs and expenses, Fly To Fit will also charge the franchisee an administrative fee. This fee is calculated as 10% of the total costs and expenses incurred by Fly To Fit in curing the default. This administrative fee is on top of the reimbursement for the actual costs.

This policy means that a Fly To Fit franchisee could face significant financial burden if they default on their agreement and Fly To Fit has to step in to resolve the issue. The franchisee will not only have to rectify the original default but also cover Fly To Fit's expenses, including a 10% administrative fee. Franchisees should, therefore, strive to maintain compliance with the franchise agreement to avoid these additional costs.