Does Fly To Fit typically own the premises of its franchisees?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 11: FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING]
Item 11 FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING
Except as listed below, we are not required to provide you with any assistance.
Our Pre-Opening Obligations
Before you open your business:
- A. Your site. We will review and advise you regarding potential locations that you submit to us. (Section 5.4). If you sign a Multi-Unit Development Agreement, we will approve the location of future sites and territories for those sites, and our then-current standards for sites and territories will apply. We are not obligated to further assist you in locating a site or negotiating the purchase or lease of the site.
- (i) We generally do not own your premises.
- (ii) If your site is not already known and approved by us when you sign your franchise agreement, then we and you will specify in your franchise agreement the area in which you must select a site (Franchise Agreement, Summary Page). We do not
- select your site.
Your site is subject to our approval.
To obtain our approval, you must provide all information and documents about the site that we require.
(iii) The factors we consider in approving sites are general location and neighborhood, competition, trade area demographics, traffic patterns, parking, size, physical characteristics of existing buildings, and lease terms.
(iv) The time limit for us to approve or disapprove your proposed site is 30 days after you submit all of our required documents and information. (Section 6.1).
If we and you cannot agree on a site, you will be unable to comply with your obligation to develop and open the franchise by the deadline stated in the franchise agreement.
Unless we agree to extend the deadline, you will be in default and we may terminate your franchise agreement.
- (v) We are not obligated to assist you in conforming the premises of your site to local ordinances and building codes and obtaining any required permits.
This will be your responsibility.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 23–30)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, Fly To Fit generally does not own the premises of its franchisees. The FDD states that the franchisee is responsible for locating a site that meets Fly To Fit's approval criteria. Fly To Fit will review and advise the franchisee regarding potential locations submitted by the franchisee.
Fly To Fit specifies an area in the franchise agreement where the franchisee must select a site if the site is not already known and approved when the agreement is signed. The franchisee must provide all required information and documents about the site for Fly To Fit's approval. Fly To Fit considers factors such as general location, competition, demographics, traffic patterns, parking, size, physical characteristics, and lease terms when approving sites.
The franchisee has a limited time of 30 days for Fly To Fit to approve or disapprove a proposed site after submitting all necessary documents. Failure to agree on a site can result in the franchisee being unable to meet the opening deadline, potentially leading to default and termination of the franchise agreement. Fly To Fit does not assist with conforming the premises to local ordinances or obtaining required permits, making this the franchisee's responsibility.