To whom are payments for the computer system made for a Fly Fitness franchise?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
| Leasehold Improvements, Construction and/or Remodeling6 | $160,500 | $267,500 | As required by supplier, contractor, or landlord | Before opening, as required by supplier. | Suppliers, contractor and/or Landlord |
|---|---|---|---|---|---|
| Furniture, Fixtures and Equipment7 | $3,210 | $6,420 | As required by supplier | Before opening | Suppliers |
| Signage8 | $4,280 | $7,490 | As incurred | Before opening | Suppliers |
| Business Licenses and Permits9 | $214 | $535 | As required by government agencies | Before opening, as required by government agencies | Government Agencies |
| Computer | $1,605 | $2,140 | As required by | Before opening | Suppliers |
| Systems10 | suppliers |
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 payments for the computer systems are made to the suppliers. The estimated cost for these computer systems ranges from $1,605 to $2,140. These systems must meet Fly Fitness's minimum specifications and are required for use at the franchised business.
Fly Fitness requires franchisees to purchase computer systems and software that meet their standards. These systems include hardware for the POS system (Mariana Tek) and a laptop or smart device for other required software. Franchisees must also have internet and telecommunications equipment to allow for electronic transmission of sales information.
Fly Fitness retains the right to modify the requirements for computer hardware and software at any time, so franchisees should stay informed of any changes. The initial investment table in Item 7 provides an overview of when the payments are due, which is before opening the Fly Fitness location.