What equipment and initial inventory of supplies are required to open a Fly Fitness franchise?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
- d. provide a written list of equipment, fixtures, furnishings, signage, supplies and products that will be required to open the Franchised Business. We and our affiliates do not deliver or install any of these items (Franchise Agreement, Section 10.5).
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, the franchisor will provide a written list of required equipment, fixtures, furnishings, signage, supplies, and products needed to open a Fly Fitness franchise. However, Fly Fitness and its affiliates do not deliver or install these items. This means the franchisee is responsible for sourcing and installing all necessary items to get their studio up and running.
Item 11 of the FDD also mentions several categories related to pre-opening procedures and required equipment. These include technology, fitness and studio equipment and studio finishes. This suggests that franchisees will need to invest in these areas to meet Fly Fitness's standards.
Prospective franchisees should carefully review the list provided by Fly Fitness to understand the full scope of required investments. They should also factor in the costs of delivery and installation, as these are not covered by the franchisor. Understanding these requirements is crucial for accurate budgeting and planning before opening a Fly Fitness franchise.