factual

What is the approximate range of monthly software access fees for a Fly Fitness franchise?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

cooperate in implementing any such system at your expense.

The cost of the required computer hardware and software will range from $1,500 - $2,000 depending on the number of terminals. Monthly software access fees are approximately $159.00 - $699, subject to increase by the provider.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 22–29)

What This Means (2024 FDD)

According to Fly Fitness's 2024 Franchise Disclosure Document, franchisees can expect to pay monthly software access fees ranging from approximately $159.00 to $699.00. These fees are subject to change by the software provider.

Fly Fitness requires franchisees to use specific software programs like Mariana Tek, QuickBooks, Brandbot, and G-Suite to manage their business operations. These systems are essential for point of sale, accounting, marketing, and general business management. The initial cost for the necessary computer hardware and software ranges from $1,500 to $2,000, depending on the number of terminals needed.

Fly Fitness retains the right to modify the required computer hardware and software at any time, and franchisees are responsible for the costs associated with maintaining, repairing, updating, and upgrading these systems. The franchisor also has independent and unlimited electronic access to the data generated and stored in the franchisee's Mariana Tek and QuickBooks accounts, owning all customer data stored in the Mariana Tek account. This level of access allows Fly Fitness to monitor sales data and gross revenue, ensuring accurate reporting and facilitating potential future modifications to sales reporting systems.

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.