factual

On what date was Fly Fitness Franchise, L.L.C. formed?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

We were formed as a limited liability company in the State of Nebraska on October 6, 2021. Our principal business address is 201 N 13th Street, Lincoln, Nebraska 68502. We do business under our company name, "Fly Fitness" and its associated design (the "Marks"). We only offer franchises that operate under the "Fly Fitness" Mark. We began offering franchises on June 10, 2022.

Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 6–7)

What This Means (2024 FDD)

According to Fly Fitness's 2024 Franchise Disclosure Document, Fly Fitness Franchise, L.L.C. was formed as a limited liability company in the State of Nebraska on October 6, 2021. This is a key piece of information for prospective franchisees as it establishes the legal existence and history of the company they are considering partnering with.

Knowing the formation date allows potential franchisees to assess the company's track record and stability. While Fly Fitness began offering franchises on June 10, 2022, the company itself has existed as an entity since October 6, 2021. This information can be used to further investigate the company's background and verify its claims.

Additionally, the FDD mentions Fly Fitness's parent company, Fly Holdings, LLC, which was formed on March 6, 2019, and its affiliate, Fly | A Fitness Revolution, LLC. Understanding the relationships between these entities can provide a more comprehensive view of the Fly Fitness organization and its operational structure.

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.