Does Fly To Fit have any parent entities?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
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.
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, Fly To Fit Franchise, LLC does not have any parent entities. The document also states that Fly To Fit does not have any affiliates that offer franchises in any line of business or provide products or services to its franchisees. Fly To Fit Franchise, LLC was formed on August 22, 2022, as a Delaware Limited Liability Company.
This information is important for potential franchisees as it clarifies the ownership structure of the Fly To Fit franchise system. Knowing that there are no parent entities or franchising affiliates can simplify the understanding of who is ultimately responsible for the franchise operations and support. It also indicates that Fly To Fit is focused solely on its bungee fitness franchise offering.
While Fly To Fit itself does not operate businesses of the type being franchised, its affiliate, Fly To Fit Bungee Fitness, LLC, has operated a Fly To Fit location in Albany, New York since July 2018. This distinction is relevant because it shows that while the franchisor is a separate entity, there is an affiliated company with experience in running the core Fly To Fit business model.