Fly Fitness franchise
2024 filing · May 1, 2024Shares sales figures
Fly Fitness at a glance
A boutique fitness studio offering group classes and semi-private and private sessions. At the end of 2023 there were 4 Fly Fitness locations in the US, all company-owned.
The business
- Industry
- Fitness
- Franchisor
- Fly Fitness Franchise, L.L.C
- The company that sells the franchises
- Current franchisor selling since
- 2022
- 2 years of selling franchises
- Franchisor based in
- Lincoln, Nebraska
- Typical size
- 3,000–3,500 sq ft
What you pay
- Cost to open
- $332K–$618K
- Fee, build-out and opening working capital
- Franchise fee
- $50,000
- Paid once, when you sign
- Royalty
- 7%
- 7% of weekly gross revenue
- Brand fund
- 2%
- 2% of gross revenue, paid weekly
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 4
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 4
- Change in 3 years
- 0
- Franchised locations, 2021–2023
From Fly Fitness Franchise, L.L.C’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Fly Fitness among all franchises with the same figure.
| Figure | Fly Fitness | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $474,632 | Costs more than 62% of franchises |
| Franchise feePaid once, when you sign | $50,000 | Higher than 70% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a Fly Fitness franchise costs
Opening one Fly Fitness costs an estimated $331,558 to $617,705. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold remodeling ($160,500 to $267,500) and fitness equipment ($32,100 to $128,400). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $50,000 | ||
| Your Training Expenses | $2,889 | $6,420 | |
| Premises lease and utility deposits | $3,745 | $6,420 | |
| Three Month’s Rent | $11,235 | $25,680 | |
| Architectural Plans | $10,700 | $21,400 | |
| Leasehold Remodeling | $160,500 | $267,500 | |
| Furniture, Fixtures and Equipment | $3,210 | $6,420 | |
| Signage | $4,280 | $7,490 | |
| Business Licenses and Permits | $214 | $535 | |
| Computer Systems | $1,605 | $2,140 | |
| Security System | $0 | $2,140 | |
| Initial Inventory to Begin Operating | $7,490 | $16,050 | |
| Supplies | $2,140 | $3,210 | |
| Professional Fees | $2,675 | $5,350 | |
| Fitness Equipment | $32,100 | $128,400 | |
| Grand Opening Advertising | $15,000 | $21,400 | |
| Insurance | $2,675 | $4,350 | |
| Operating Expenses / Additional Funds – 3 months | $21,400 | $42,800 | |
| Total | $331,558 | $617,705 | |
Source: Fly Fitness Franchise, L.L.C, 2024 filing, page 14
Fly Fitness franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: Fly Fitness Franchise, L.L.C, 2024 filing, page 8
Royalty and ongoing fees
| Royalty | 7% of weekly gross revenue. |
|---|---|
| Brand or marketing fund | 2% of gross revenue, paid weekly. |
| Required Minimum Expenditure for Local Marketing and Advertising | $500 per month $15,000 in Grand Opening Advertising |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Fly Fitness Franchise, L.L.C, 2024 filing, pages 8 and 9
Other fees as filed, from page 9. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Fly Fitness publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Fly Fitness Franchise, L.L.C, 2024 filing, page 41
How Fly Fitness compares
Of the 195 fitness franchises on this site, Fly Fitness is the 110th cheapest to open and the 131st largest by number of locations.
| Figure | Fly Fitness | Typical fitness brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $332K | $297K | $222K |
| Cost to open, high end | $618K | $584K | $477K |
| Franchise fee | $50K | $50K | $40K |
| Royalty | 7% | 7% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 4 | 14 | 21 |
| Shares earnings figures | Yes | 127 of 195 | 2,147 of 3,352 |
Typical is the median across the 195 brands in fitness franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 4 | 0 | 0 |
| 2022 | 0 (0) | 4 | 0 | 0 |
| 2023 | 0 (0) | 4 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: fitness franchise costs and franchise failure rates.
Source: Fly Fitness Franchise, L.L.C, 2024 filing, page 42
Who owns Fly Fitness?
Fly Fitness franchises are sold by Fly Fitness Franchise, L.L.C.
From Fly Fitness Franchise, L.L.C’s 2024 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Fly Fitness Franchise, L.L.C, 2024 filing, litigation on page 8, bankruptcy on page 8
Fly Fitness filings
The figures on this page come from Fly Fitness Franchise, L.L.C’s 2024 filing, issued May 1, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | May 1, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
