How often is the Fly Fitness Royalty Fee paid?

According to Fly Fitness's 2024 Franchise Disclosure Document, the Brand Fund Contribution, which is two percent of weekly gross revenue, is paid in the same manner and time as the Royalty Fees. While the document specifies the Brand Fund Contribution is calculated weekly, it does not explicitly state how often the Royalty Fees themselves are paid.

Because the frequency of Royalty Fee payments is not specified, prospective franchisees should seek clarification from Fly Fitness regarding the exact payment schedule. Understanding the payment schedule is crucial for managing cash flow and ensuring timely payments to avoid late fees or other penalties.

Without this information, it is difficult to assess the financial obligations and operational requirements of the franchise accurately. Therefore, it is essential to obtain this clarification during the due diligence process before entering into a franchise agreement with Fly Fitness.