Loading FDD preview...
Download this + 1,700 other FDDs · One-time purchase
1,700+ FDDs structured for franchise professionals
We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.
Fly Fitness
Fly Fitness franchises operate boutique fitness studios offering mainly group fitness classes, along with semi-private and private sessions, in a non-judgmental, welcoming environment under the Fly Fitness trademarks. Franchisees use proprietary instructional methods, tools, equipment, distinctive designs, and operating standards to provide coached classes addressing members' personal fitness goals. The business model centers on granting franchises for single or multi-unit developments targeting individuals seeking an inspiring hub for wellbeing through inclusive fitness experiences.
Loading preview...
Download this + 1,700 other FDDs · One-time purchase
Franchise Costs
7% royalty + 2% brand fund + $500/mo local marketing + up to $300/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: Combined data for 4 company-owned outlets in 2023.
* Calculated average gross revenue, net income, and EBITDA for 2023 based on combined figures from Item 19 (Page 1), divided by 4 company-owned units as stated in Item 20 Table No. 1 for 2023. 'Gross Profit' is interpreted as Gross Revenue. EBITDA margin percentage is calculated as average_ebitda / average_gross_revenue.
Extracted Item 19 Section
Avg. Revenue: $91,460
Unlock financial performance data with full access to 1,700+ franchise reports
Unlock financial performance dataFly Fitness Franchise Analysis
Boutique fitness brands promise inclusive vibes and steady memberships, but Fly Fitness's early FDD data raises eyebrows for would-be owners. Item 19 steps up with revenue figures from its slim roster of units, alongside a growth trajectory that's anything but soaring. What happens when high startup hurdles meet modest sales—worth the leap or a grounded reality check?
Item 7 lays out the financial entry: total investment spans $331,558-$617,705, kicked off by a $50,000 franchise fee. Recurring hits include 7% royalty on gross sales, 2% brand/ad fund, $500 monthly local marketing co-op, and up to $300 monthly technology fee. Item 19's crown jewel—or cautionary tale—is average gross revenue of just $91,460 across units, with an EBITDA margin of -0%, signaling break-even operations at best and no clear path to profits in the disclosed data. For a specialized fitness play targeting group classes, these numbers suggest heavy reliance on volume to offset the steep upfront and ongoing costs.
System health metrics in Items 20 and 21 expose a nascent brand: franchising since 2022 with only 4 corporate locations unchanged from 2022 to 2023 (+0% growth), and just 1 projected new unit. No franchise resales or terminations detailed, but the stalled expansion from headquarters in Lincoln, NE, underscores validation risks for multi-unit dreams. Investors eyeing Fly Fitness face a high-investment gamble on a static system—low revenues amplify payback timelines, making this more speculative bet than proven fitness franchise powerhouse.
Analysis based on the 2024 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How Fly Fitness Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Fly Fitness Current | $332K – $618K | $50K | 7.0% | 0 |
| JAZZERCISE | $2K – $3K | $1K | 20.0% | 5,251 |
| Orangetheory | $765K – $1.1M | $60K | 8.0% | 1,209 |
| F45 Training | $294K – $719K | $60K | 7.0% | 789 |
| Stretch Lab | $269K – $610K | $65K | 8.0% | 485 |
| Stretch Zone | $139K – $320K | $60K | 7.0% | 377 |
Specialized Fitness Average 34 franchises | $314K – $650K | $51K | 7.5% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 34 Specialized Fitness franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
Unlock location growth data with full access to 1,700+ franchise reports
Unlock location growth dataDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Unlock due diligence reports with full access to 1,700+ franchise reports
Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a Fly Fitness franchise ranges from $331,558 to $617,705. This includes a franchise fee of $50,000. Ongoing royalty fees are 7.0% of gross sales.
More Services Franchises
THE UPS STORE (TRADITIONAL)
Services
AMERIPRISE FINANCIAL SERVICES LLC
Services
JACKSON HEWITT TAX SERVICE
Services
SERVPRO (UNIT)
Services
H&R BLOCK
Services
SERVICEMASTER RESTORE
Services