Under what circumstances might Fly To Fit approve a franchisee's relocation request?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
You do not have the right to relocate your business, and we have no obligation to approve any request for relocation. Our policy is to approve relocation of a franchisee's business on caseby-case basis, considering factors such as changes in demographics, profitability of your current business, or a loss of your premises due to circumstances beyond your control.
Source: Item 12 — TERRITORY (FDD pages 30–31)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, franchisees do not have a guaranteed right to relocate their business. Fly To Fit is under no obligation to approve relocation requests. However, Fly To Fit's policy is to consider relocation requests on a case-by-case basis.
Fly To Fit will consider factors such as changes in demographics, the profitability of the franchisee's current business, or the loss of the premises due to circumstances beyond the franchisee's control. This means that if a franchisee's current location is no longer viable due to shifts in the local population or if the business is struggling financially, Fly To Fit might be willing to consider a move to a new location. Similarly, if the current location is lost due to unforeseen events like a natural disaster or eminent domain, Fly To Fit may be more open to relocation.
This policy provides some flexibility for franchisees facing challenging circumstances, but it also highlights the importance of carefully selecting the initial location. Franchisees should conduct thorough market research and due diligence before committing to a specific site, as approval for relocation is not assured. Prospective franchisees should discuss specific relocation scenarios and criteria with Fly To Fit during their due diligence to better understand the franchisor's expectations and decision-making process.