factual

Does Fly To Fit typically own the premises of the franchisee's location?

Fly_To_Fit Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 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.

  • B. Constructing, remodeling, or decorating the premises.

We will provide you with a set of our standard building plans and specifications and/or standard recommended floor plans, and our specifications for required décor. (Section 5.4)

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 the franchisee's location. The FDD states that the franchisee is responsible for selecting a site, subject to Fly To Fit's approval. Fly To Fit will review and advise the franchisee regarding potential locations that are submitted. Fly To Fit and the franchisee will specify the area in which the franchisee must select a site in the franchise agreement. Fly To Fit does not select the site for the franchisee.

The factors that Fly To Fit considers when approving sites include general location and neighborhood, competition, trade area demographics, traffic patterns, parking, size, physical characteristics of existing buildings, and lease terms. Fly To Fit has 30 days to approve or disapprove a proposed site after the franchisee submits all required documents and information. If Fly To Fit and the franchisee cannot agree on a site, the franchisee will be unable to comply with their obligation to develop and open the franchise by the deadline stated in the franchise agreement. Unless Fly To Fit agrees to extend the deadline, the franchisee will be in default and Fly To Fit may terminate the franchise agreement.

Fly To Fit is not obligated to assist the franchisee in conforming the premises of the site to local ordinances and building codes or obtaining any required permits; this is the franchisee's responsibility. Fly To Fit will provide the franchisee with a set of standard building plans and specifications, standard recommended floor plans, and specifications for required décor.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.