factual
What is the fiscal year end for Fly Fitness?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
Our fiscal year end is December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 44)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, the company's fiscal year ends on December 31. This is a standard fiscal year-end for many businesses, as it aligns with the calendar year. For a prospective franchisee, this means that Fly Fitness will likely report its financial performance and conduct its annual planning based on this cycle. Franchisees may need to align their own accounting practices and reporting schedules to match Fly Fitness's fiscal year for consistency in financial reporting and analysis.
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.