What is the Fly To Fit replacement/additional training fee per day, as of the date of the agreement?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
anchisee shall contribute to the Market Cooperative a percentage of Gross Sales (or other amount) determined by the Market Cooperative, not to exceed 5%.
- 4.4 Replacement / Additional Training Fee. If Franchisee sends an employee to Fly To Fit Franchise's traini
Source: Item 22 — CONTRACTS (FDD page 44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, if a franchisee sends an employee to Fly To Fit's training program after the business has opened, Fly To Fit may charge its then-current training fee. As of the date of the franchise agreement, this training fee is $350 per day.
This fee covers the cost of training for replacement or additional employees after the initial training provided to the franchisee or their initial team. It is important for prospective Fly To Fit franchisees to factor this potential expense into their operating budget, especially if they anticipate high employee turnover or the need for ongoing staff development.
Franchisees should confirm with Fly To Fit whether this fee includes all training-related expenses (such as materials) or if there are additional costs for travel, accommodation, or other incidentals. Understanding the full scope of this training fee will help franchisees accurately forecast their expenses and manage their business effectively.