What furniture and fixtures are included in the estimated initial investment for a Fly Fitness franchise, excluding fitness equipment?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
- 7 The furniture and fixtures required for your Franchised Business include entry-area furniture, security cameras, retail rack for supplement sales, storage room equipment, appliances, speakers, scale, body fat measurement equipment, cleaning equipment, and file storage equipment.
This estimate does not include required fitness equipment.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 14–18)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, the furniture and fixtures required for a franchise include several specific items. These include entry-area furniture, security cameras, a retail rack for supplement sales, storage room equipment, appliances, speakers, a scale, body fat measurement equipment, cleaning equipment, and file storage equipment. The estimated initial investment for these items ranges from $3,210 to $6,420. This estimate does not include the cost of required fitness equipment.
Prospective franchisees should note that these costs are estimates and can vary based on the chosen suppliers and specific needs of the location. It is important to factor in these costs when planning the initial investment for a Fly Fitness franchise. The FDD advises reviewing these figures carefully with a business advisor before making any investment decisions.
It's also important to note that the franchisee is responsible for purchasing these items before opening the Fly Fitness location. These items are essential for the daily operations and customer experience of the franchise. The cost of furniture, fixtures, and equipment is separate from other initial investment costs such as the initial franchise fee, training expenses, and leasehold improvements.