How many Fly Fitness outlets were operating in Nebraska at the start of 2021?
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 operating in Nebraska at the start of 2021. The FDD provides a table outlining the number of outlets at the start of each year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year. This data is broken down by state for the years 2021, 2022, and 2023.
For a prospective franchisee, this information is useful in understanding the historical growth and presence of Fly Fitness in specific states. Seeing the number of outlets already established can provide insight into market saturation and brand recognition in a given area. It also shows whether Fly Fitness is actively expanding or if the number of locations has remained stable.
It's important to note that the table also tracks changes in outlet numbers due to closures, sales, or re acquisitions. This can give a more nuanced picture of the health and stability of the franchise system in each state. A prospective franchisee should consider these trends alongside other factors when evaluating the potential of a Fly Fitness franchise in Nebraska or other locations.