How many total Fly To Fit outlets were open at the end of 2021?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
Table 1 Systemwide Outlet Summary For Years 2021 to 2023
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |---|---|---|---|---| | | | | | | | Franchised | 2021 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | | Company-Owned | 2021 | 1 | 1 | 0 | | | 2022 | 1 | 1 | 0 | | | 2023 | 1 | 1 | 0 |
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| e | ||||
| Total Outlets | 2021 | 1 | 1 | 0 |
| 202 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, at the end of 2021, there was a total of one Fly To Fit outlet. The FDD provides a systemwide outlet summary that details the number of outlets at the start and end of each year, as well as the net change.
Specifically, for 2021, Fly To Fit had one outlet at the beginning of the year and one outlet at the end of the year, resulting in a net change of zero. This indicates that no new outlets were opened, nor were any closed during that year.
Additionally, the FDD specifies that of the one outlet open, it was company-owned. There were zero franchised outlets open at the end of 2021. This information is crucial for potential franchisees to understand the current scale and operational model of Fly To Fit.