What is the estimated cost range for the required computer hardware and software for a Fly Fitness franchise?

According to Fly Fitness's 2024 Franchise Disclosure Document, the estimated cost for the required computer hardware and software ranges from $1,500 to $2,000, depending on the number of terminals needed. This initial investment covers the entry-area computer hardware for the POS system and an additional laptop or smart device for other required software. Franchisees must also factor in the cost of internet and telecommunications equipment.

In addition to the initial hardware and software costs, Fly Fitness franchisees should anticipate ongoing monthly software access fees. These fees are approximately $159.00 to $699 and are subject to change by the provider. The FDD also states that there are no contractual limitations on the frequency and cost of upgrades or updates to the computer systems or programs, meaning these costs could fluctuate significantly over time.

Fly Fitness requires franchisees to use specific software, including Mariana Tek, QuickBooks, Brandbot, and G-Suite. QuickBooks is particularly important as it allows Fly Fitness to remotely access all sales data, including Gross Revenue. Franchisees are responsible for the ongoing maintenance, repairs, and necessary upgrades to their computer hardware and software to ensure compatibility with the latest versions of the required software. This could represent a significant and ongoing expense for franchisees.