What agreement must each trainee sign as a condition of approval for the Stretch Zone training program?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS ASSIGNMENT AGREEMENT is signed on between Stretch Zone Franchising, LLC, a Florida limited liability company ("we," "us" or "our") and ("you" or "your"). |
|---|
| BACKGROUND |
| A. |
| The parties are entering into a Stretch Zone Franchise Agreement on |
| (the "Franchise Agreement"). |
| B. |
| As a condition to signing the Franchise Agreement, we have required that you |
| assign to us all of your right, title and interest in the telephone numbers, telephone listings, |
| facsimile numbers, and telephone directory advertisements relating to the Stretch Zone |
| Franchise (the "Franchise Business") upon the expiration or termination of the Franchise |
| Agreement |
Source: Item 8 — Receipts. Any sale made must be in compliance with § 683(8) of the Franchise Sale Act (N.Y. Gen. Bus. L. § 680 et seq.), which describes the time period a Franchise Disclosure Document (offering prospectus) must be provided to a prospective franchisee before a sale may be made. New York law requires a franchisor to provide the Franchise Disclosure Document at the earliest of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. (FDD pages 99–263)
What This Means (2025 FDD)
Based on the 2025 Stretch Zone Franchise Disclosure Document, as a condition to signing the Franchise Agreement, the franchisee must sign an Assignment Agreement.
According to the document, Stretch Zone requires that the franchisee assign to them all rights, titles, and interests in telephone numbers, telephone listings, facsimile numbers, and telephone directory advertisements related to the Stretch Zone Franchise upon the expiration or termination of the Franchise Agreement.
This requirement ensures that Stretch Zone maintains control over the brand's contact information and advertising presence, even after a franchise agreement ends. This is a fairly standard practice in franchising to protect brand consistency and goodwill.