Can Fly To Fit restrict the prices that franchisees charge for approved goods and services?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
- D. Establishing prices. Upon your request, we will provide recommended prices for products and services. (Section 5.5). We have the right to determine prices charged by our franchisees for goods and services (but only to the extent permitted by applicable law).
Source: Item 16 — RESTRICTIONS ON WHAT THE FRANCHISEE MAY SELL (FDD page 35)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, Fly To Fit has the right to determine the prices franchisees charge for goods and services, but only to the extent permitted by applicable law. However, Fly To Fit will provide recommended prices for products and services upon a franchisee's request.
This means that while Fly To Fit can suggest pricing, franchisees may have some flexibility in setting their own prices, provided they comply with any relevant legal restrictions. It is important for prospective franchisees to understand what these legal restrictions are and how much autonomy they will have in setting prices.
This policy is fairly common in franchising, where franchisors often provide pricing guidance to ensure brand consistency and competitiveness, but must also comply with antitrust and other laws that protect franchisees' pricing independence. Prospective franchisees should discuss pricing strategy and any limitations with Fly To Fit during their due diligence.