How many Fly Fitness outlets were open in Nebraska at the end of 2023?
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 2 Fly Fitness outlets open in Nebraska at the end of 2023. The provided table tracks the number of outlets from 2021 to 2023. No Fly Fitness outlets opened, were reacquired from franchisees, closed, or were sold to franchisees in Nebraska during 2021, 2022, or 2023. As a result, the number of Fly Fitness locations in Nebraska remained constant at 2 during this period.
It is important to note that these figures reflect the total number of Fly Fitness outlets, encompassing both franchised and company-owned locations. The FDD also includes separate tables detailing the status of company-owned versus franchised Fly Fitness outlets. However, the table specifying the number of outlets in Nebraska does not differentiate between the two ownership types.
For a prospective franchisee, this information indicates the existing Fly Fitness presence in Nebraska. While no new locations opened in the past three years, the franchisor projects opening one new franchised outlet in Nebraska in the next fiscal year. A potential franchisee should further investigate the performance of the existing Nebraska locations and the factors influencing the decision to expand in the state.