What is the role of Exhibit C in the Fly To Fit FDD?

According to Fly To Fit's 2024 Franchise Disclosure Document, Exhibit C contains the Multi-Unit Development Agreement (MUDA). This agreement is used when a franchisee commits to opening multiple Fly To Fit locations, rather than just a single unit. The MUDA outlines the terms and conditions under which the franchisee will develop these multiple businesses.

The MUDA specifies the development schedule that the franchisee must adhere to for opening new Fly To Fit businesses. It also states that upon signing the MUDA, the franchisee must pay the total initial franchise fee, which is non-refundable. The franchisee must also execute Fly To Fit's current standard form of franchise agreement no later than three business days after leasing or acquiring a location for each additional franchise. The MUDA does not automatically grant the franchisee the right to open a Fly To Fit business; a separate franchise agreement is required for each location.

This agreement is distinct from the standard Franchise Agreement, which is executed simultaneously with the MUDA for the first store. The MUDA allows Fly To Fit to grant franchisees the right to develop multiple locations while retaining control over the development process and ensuring compliance with brand standards. Prospective franchisees interested in developing multiple Fly To Fit locations should carefully review Exhibit C to understand their obligations and the franchisor's expectations.