IFLY
Health & Fitness Sports & RecreationCompany Information
Address
13265 N US Highway 183 Suite A, 3rd Floor Austin, TX 78750
Website
Tel
Email
Franchise Summary
Description
The franchise is for a business operating a vertical wind tunnel, or “skydiving simulator,” and offering ancillary products and services (each, an “iFLY Business”).
Corporate Structure
We were organized in Delaware on April 6, 2009. Our principal business address is 13265 US 183 A, Austin, TX 78750. We do business under our corporate name and the name “iFLY”. Our agents for service of process in the states that require franchise registration are listed in Exhibit H.
Earnings Transparency
This Franchise discloses far more about the financial performance of their franchisees compared to other franchises in the same industry.
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Sports & Recreation Industry$3,027,600 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
| # | Type | Investment | Fees |
|---|
IFLY Franchise System Development in 2022
FAQ
How much investment do I need to start my own IFLY business?
Franchisees typically require at least $4 to $12 investment to get their IFLY business started
What are the initial franchise fees for IFLY?
Franchisees typically need to pay at least $2 in fees directly to IFLY in order to earn the right to launch their business
How much money can I make with a IFLY franchise? What are
the average revenues for a typical IFLY business?
We estimate that the average revenue of an individual
IFLY unit is approximately
$3,027,600. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a IFLY unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$4,378,500 to $12,249,926
which is
Much Higher
than the $0 to $0 average in the Sports & Recreation industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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