FAQ
How long does it take to open a studio?
Typically, it will take 6-12 months from the time you sign the franchise agreement to opening your studio.
If I have never owned a business, can I still own Fly?
Yes! Many of our owners have never owned a business. Part of our franchise training is taking you through each step of establishing, opening & running your Fly Fitness business!
What if I have never been to Fly or taken classes there?
Because our classes are our bread & butter, this is your chance to take a class & experience what makes Fly so fly. We invite potential franchisees to Discovery Days to experience Fly firsthand once we’ve had a chance to learn more about their potential future business.
Do I need to work full time at the studio? Or, can I keep my job?
You will need to dedicate at least 10-20 hours weekly to the operations of your Fly studio during the first 18-24 months of ownership. While it might be possible to work at your current job, we look for owners who are interested in diving in & being part of Fly from the start.
What if the area I want already has a Fly Fitness?
Depending on your city, it is possible that your market can support more than one studio. We have sophisticated system to determine which areas are the best locations.
What are the qualifications for owning a Fly franchise?
Qualifications for Owning a Fly:
- Passionate about our philosophy & community building
- Entrepreneurial
- Located in key areas of expansion
- Interested in opening in the next year
- Can be a single or multi-owner operation
- Can be semi-absentee or owner/operator
- Must have c capital to invest – (total: $289k+, often financed via loan with 20% down)
What are the financial requirements for owning a Fly franchise?
Financial Requirements for Owning a Fly Franchise:
- $50k one-time franchise fee
- Liquid capital required 100K
- Net worth 300K
- Estimated initial investment range $289k-$500
- Financial performance representation
