How many company-owned Fly Fitness outlets were in Nebraska at the start of 2022?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Column 2 Year | Column 3 Outlets at Start of Year | Column 4 Outlets Opened | Outlets Reacquired from Franchisees | Column 6 Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Nebraska | 2021 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2022 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–44)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, there were two company-owned Fly Fitness outlets in Nebraska at the start of 2022. The provided table details the number of outlets at the start of the year, outlets opened, reacquired outlets, closed outlets, outlets sold, and the number of outlets at the end of the year for 2021, 2022, and 2023. This information is specific to the state of Nebraska.
For a prospective franchisee, this data indicates the existing company presence in Nebraska. It shows that the number of company-owned locations remained constant during the period of 2021-2023. This could suggest a stable market or a deliberate strategy by Fly Fitness regarding company-owned stores in that state.
It is important to note that while the table provides a historical view, it does not guarantee future performance or expansion plans. A potential franchisee should discuss with Fly Fitness their strategy for company-owned versus franchised locations in Nebraska to understand the competitive landscape and growth opportunities.