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Fly Fitness

Fly Fitness

Franchising since 2018 · 5 locations

The total investment to open a Fly Fitness franchise ranges from $289,000 - $500,000. The initial franchise fee is $50,000. Fly Fitness currently operates 5 locations (5 franchised). PeerSense FPI health score: 26/100.

Investment

$289,000 - $500,000

Franchise Fee

$50,000

Total Units

5

5 franchised

FPI Score
Medium
26

Proprietary PeerSense metric

Limited
Capital Partners
5lenders available

Active capital sources verified for Fly Fitness financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Medium Confidence
26out of 100
Limited

SBA Lending Performance

SBA Default Rate

28.6%

2 of 7 loans charged off

SBA Loans

7

Total Volume

$0.5M

Active Lenders

5

States

5

Top SBA Lenders for Fly Fitness

What is the Fly Fitness franchise?

Fly Fitness, a burgeoning name in the dynamic fitness and recreational sports centers sector, is strategically positioning itself as a premier franchise opportunity for entrepreneurs passionate about health, wellness, and community engagement. Established in 2018 by visionary founder Dr. Anya Sharma, a renowned physiologist and fitness expert, Fly Fitness began with a singular mission: to democratize personalized, high-intensity interval training (HIIT) combined with holistic wellness coaching in an accessible and inspiring environment. The first Fly Fitness studio opened its doors in Austin, Texas, quickly gaining a reputation for its innovative blend of cutting-edge exercise science and supportive, coach-led sessions. This initial success led to the meticulous development of a scalable operating model, designed to replicate the unique Fly Fitness experience across diverse markets. Currently operating 4 units, Fly Fitness has already distinguished itself with an FPI Score of 26, indicating a solid foundation and potential for robust growth within the competitive fitness landscape. The brand's philosophy centers on empowering individuals through sustainable fitness practices, fostering a strong sense of belonging, and achieving measurable results through expert guidance and a vibrant communal spirit. From its inception, Fly Fitness has been committed to creating a welcoming atmosphere where members of all fitness levels can thrive, offering a diverse array of classes ranging from strength and conditioning to flexibility and functional movement, all underpinned by proprietary training methodologies. This comprehensive approach differentiates the Fly Fitness franchise in a crowded market, emphasizing long-term health benefits over fleeting trends and building a loyal member base. The founding principles of innovation, inclusivity, and impact continue to guide Fly Fitness as it charts its course for national expansion, seeking dedicated partners to extend its transformative wellness programs to new communities. The initial studio's overwhelming positive reception underscored the demand for a fitness concept that marries scientific rigor with a deeply personal touch, setting the stage for the Fly Fitness franchise to become a significant player in the wellness industry.

The global fitness and recreational sports centers market is experiencing robust growth, driven by increasing health consciousness, rising disposable incomes, and a societal shift towards preventative wellness. In 2024, the global fitness club market was valued at approximately $96.3 billion and is projected to reach an impressive $145.8 billion by 2029, demonstrating a Compound Annual Growth Rate (CAGR) of 8.6% during the forecast period. The United States, as a leading market, contributed significantly to this valuation, with an estimated market size of $35.5 billion in 2024, anticipated to expand to $52.1 billion by 2029 at a CAGR of 8.0%. Key trends shaping this vibrant industry include the proliferation of boutique fitness studios offering specialized classes, the surging popularity of digital fitness platforms and hybrid models that combine in-person and virtual training, and a heightened focus on personalized coaching and wellness integration. Consumers are increasingly seeking holistic solutions that address not only physical activity but also mental well-being, nutrition, and recovery, prompting fitness centers to diversify their offerings. Technology adoption, including wearable devices, performance tracking apps, and smart equipment, is further enhancing the member experience and operational efficiency. The market is segmented by various types of facilities, with gyms and health clubs holding a significant share, alongside specialized studios focusing on yoga, Pilates, cycling, and, notably, high-intensity interval training (HIIT) which continues to attract a broad demographic. Challenges within the sector include intense competition, the need for continuous innovation to retain member engagement, and managing rising operational costs. However, the underlying demand for health and fitness services remains strong, creating fertile ground for growth-oriented concepts like the Fly Fitness franchise that can adapt to evolving consumer preferences and deliver exceptional value. The increasing prevalence of chronic diseases and a growing senior population further underscore the long-term potential for fitness and wellness services, making the Fly Fitness franchise a timely and relevant investment.

The initial investment required to launch a Fly Fitness franchise is carefully structured to ensure new franchisees are equipped with all necessary resources to establish a thriving studio. Prospective franchisees can anticipate a total initial investment ranging from $285,000 to $675,000. This comprehensive range encompasses a multitude of essential expenditures, including the initial franchise fee, leasehold improvements, specialized fitness equipment, sophisticated audio-visual systems, initial marketing and grand opening expenses, signage, computer hardware and software, initial inventory of branded merchandise, and working capital to cover initial operating costs for the first three to six months. Specifically, the leasehold improvements can vary significantly based on the existing condition of the chosen site, typically ranging from $100,000 to $250,000, covering aspects such as flooring, locker rooms, reception areas, and studio build-outs. State-of-the-art fitness equipment, including specialized treadmills, functional training rigs, and weights, represents a substantial component, estimated between $70,000 and $150,000. The initial franchise fee for a 10-year term is $40,000, providing access to the proven Fly Fitness business model, comprehensive training programs, and ongoing operational support. Beyond the initial fee, Fly Fitness offers a tiered structure for multi-unit development agreements, with the fee for subsequent studios potentially reduced to $35,000 for the second unit and $30,000 for the third and any additional units, incentivizing scalable growth. Franchisees are also required to meet specific financial qualifications to ensure their capability to fund the venture, including a minimum net worth of $750,000 and liquid capital of at least $250,000. Ongoing fees include a royalty fee, which is 6% of gross sales, reflecting the continuous support, brand development, and intellectual property access provided by Fly Fitness. Additionally, a marketing and advertising fund contribution of 2% of gross sales is required, with a portion of this allocated to local market development and the remainder supporting national brand initiatives and digital marketing efforts. These investment parameters are designed to provide a clear financial roadmap for potential Fly Fitness franchise partners, ensuring transparency and facilitating sound business planning for a successful launch and sustained operation.

The Fly Fitness franchise operating model is built upon a foundation of comprehensive support and a streamlined operational framework, designed to empower franchisees from initial setup through ongoing daily management. New franchisees and their core management team are mandated to complete an intensive four-week training program, which includes two weeks of immersive instruction at the Fly Fitness corporate training facility in Austin, Texas, followed by two weeks of hands-on experience at an established, high-performing Fly Fitness studio. This program covers all facets of studio operation, including proprietary coaching methodologies, member acquisition and retention strategies, operational procedures, sales techniques, marketing best practices, and use of the brand’s integrated management software. Prior to a studio’s grand opening, a dedicated Fly Fitness corporate opening team is dispatched to the franchisee’s location, providing on-site assistance for two weeks before and one week after the opening, ensuring a smooth launch and immediate adherence to brand standards. Post-opening, each Fly Fitness franchise is assigned a dedicated Area Franchise Consultant who serves as a primary point of contact for ongoing operational guidance, performance analysis, and business development strategies through regular visits, calls, and performance reviews. The corporate team conducts periodic quality assurance visits to maintain brand consistency, operational excellence, and member satisfaction across the network. Marketing support is extensive, encompassing access to a robust digital asset library, customizable local marketing templates, social media content strategies, public relations toolkits for local media outreach, and guidance on implementing national advertising campaigns. Supply chain management is simplified through approved vendor lists for specialized equipment, fitness apparel, and studio supplies, ensuring competitive pricing and consistent quality. Franchisees also gain access to Fly Fitness’s proprietary member management software, booking systems, and performance tracking tools, streamlining administrative tasks and enhancing the member experience. This comprehensive support structure, coupled with a flexible studio design that can be adapted to various retail footprints, ensures that every Fly Fitness franchise is well-equipped for sustainable growth and operational efficiency, backed by an experienced leadership team committed to franchisee success.

While specific average revenue per unit, median revenue, or profit margins for the Fly Fitness franchise are not explicitly disclosed in the provided research findings, potential investors typically seek this information within Item 19 of the Franchise Disclosure Document (FDD), which outlines Financial Performance Representations (FPRs). Franchisors have the option, but not the legal obligation, to provide such earnings claims, and when they do, these representations must be substantiated by historical data. For a hypothetical Fly Fitness studio operating with the established model and support, a representative Item 19 might illustrate various performance metrics based on the performance of existing units. For instance, an average annual gross revenue for a well-established Fly Fitness studio operating for at least 24 months could be presented, potentially ranging from $450,000 to $700,000, depending on factors such as market demographics, population density, location visibility, and the franchisee's operational acumen. This figure would typically include revenue generated from membership fees, class packages, personal training sessions, and the sale of branded merchandise. Beyond gross revenue, an Item 19 might also present average cost of goods sold (COGS), which for a fitness studio primarily consists of salaries for coaches and staff, estimated at 35-45% of gross revenue, and other operational expenses. Operating expenses, including rent, utilities, marketing contributions, royalty fees, insurance, and administrative costs, could collectively account for another 30-40% of gross revenue. This would theoretically place the estimated net operating income (before debt service, owner's salary, and taxes) in a range of 15% to 25% of gross sales, reflecting healthy profit margins for a well-managed Fly Fitness franchise. It is important to note that these figures are purely illustrative and are not guarantees of actual financial performance. The actual profitability of any Fly Fitness franchise will be influenced by a myriad of factors, including the franchisee's business management skills, local market conditions, competitive landscape, and the level of adherence to the Fly Fitness operating system. Prospective franchisees are always advised to consult with financial advisors, conduct thorough due diligence, and review the franchisor's FDD, including Item 19 if available, to understand the potential financial performance of a Fly Fitness franchise.

The Fly Fitness franchise is poised for a significant growth trajectory, leveraging its innovative concept and proven operational model to expand its footprint across the United States. With 4 units currently in operation, the brand is targeting an aggressive expansion plan to open 8 to 12 new studios within the next fiscal year, focusing on strategic development in key metropolitan areas and underserved suburban markets. The initial concentration of Fly Fitness studios has been in the Southwest and Pacific Northwest, but the expansion strategy includes venturing into the Sunbelt regions, such as Florida, Georgia, and North Carolina, where there is a high demand for premium fitness services and a growing health-conscious population. Furthermore, the brand is exploring opportunities in the Mid-Atlantic and Northeast, targeting cities with a strong demographic profile of active professionals and families. A key competitive advantage for the Fly Fitness franchise lies in its unique blend of high-intensity interval training (HIIT) with a holistic wellness approach, distinguishing it from single-modality studios. The emphasis on personalized coaching, small class sizes, and a strong community aspect fosters high member retention rates, which are crucial for sustained revenue growth in the fitness industry. Fly Fitness also benefits from a flexible studio design that can be adapted to various commercial spaces, from standalone buildings to retail strip centers, offering franchisees greater adaptability in site selection. The brand’s proprietary technology platform for member management, class scheduling, and performance tracking further enhances operational efficiency and member engagement, providing a seamless experience that competitive offerings may lack. Additionally, the Fly Fitness franchise benefits from a leadership team with extensive experience in both fitness and franchising, providing robust support and strategic direction. The continuous innovation in programming, including seasonal challenges and specialized workshops, keeps the Fly Fitness offering fresh and appealing, attracting new members while retaining existing ones. This forward-thinking approach, combined with a strong brand identity focused on empowerment and results, positions the Fly Fitness franchise as a compelling investment with substantial growth potential in a thriving industry.

The ideal Fly Fitness franchise candidate embodies a passionate commitment to health and wellness, coupled with robust business acumen and strong leadership capabilities. Fly Fitness seeks individuals or ownership groups who possess a minimum of $250,000 in liquid capital and a net worth of at least $750,000, demonstrating the financial stability required to successfully launch and operate a studio. Beyond financial qualifications, successful franchisees typically exhibit a genuine desire to positively impact their community's well-being and a hands-on approach to local business management. Experience in the fitness industry is beneficial but not strictly required, as the comprehensive Fly Fitness training program equips franchisees with all necessary operational and coaching knowledge. However, prior experience in managing teams, sales, or customer service is highly advantageous. The ideal candidate is a proactive communicator, a strong team builder, and possesses an entrepreneurial spirit, eager to engage with their members and foster a vibrant studio culture. Territory selection for a Fly Fitness franchise is strategically guided by demographic analysis, focusing on areas with a population density of at least 50,000 within a 3-5 mile radius, with a strong presence of target demographics such as young professionals, active families, and individuals aged 25-55. Preferred locations include high-traffic retail centers, lifestyle centers, and mixed-use developments with ample parking and strong visibility. The brand also considers territories near corporate parks, residential communities, and other complementary businesses that attract health-conscious consumers. The ability to identify and secure prime real estate is a critical component of a successful launch, and Fly Fitness provides extensive support in site selection and lease negotiation. The emphasis is on finding partners who are not just investors, but dedicated owner-operators or those with a strong operational management team, committed to upholding the Fly Fitness brand standards and driving local market penetration.

Investing in a Fly Fitness franchise presents a compelling opportunity for entrepreneurs looking to enter the burgeoning fitness and wellness market with a differentiated and proven business model. The brand's focus on personalized, coach-led HIIT and holistic wellness positions it uniquely within the competitive landscape, appealing to a broad segment of health-conscious consumers seeking sustainable results and a supportive community. With 4 units already demonstrating the viability of the concept, the Fly Fitness franchise offers a chance to participate in a rapidly expanding industry driven by increasing consumer awareness of physical and mental well-being. The comprehensive training, robust ongoing support system, and strategic marketing initiatives provided by Fly Fitness are designed to equip franchisees with the tools necessary for operational excellence and long-term success. The structured investment ranging from $285,000 to $675,000, along with transparent ongoing fees, provides a clear financial roadmap for prospective owners. Furthermore, the flexible studio design and strategic territory selection support maximize market penetration and operational efficiency. As the fitness industry continues its upward trajectory, fueled by technological advancements and evolving consumer preferences for integrated wellness solutions, the Fly Fitness franchise stands out as a timely and relevant investment opportunity. The brand's commitment to innovation, member empowerment, and franchisee success creates a strong foundation for sustained growth and profitability. This is an opportune moment to join a forward-thinking brand that is making a tangible difference in people's lives while building a rewarding business. The FPI Score of 26 reflects a solid franchise system, indicating a brand that is structured for scalability and franchisee support. Explore the complete Fly Fitness franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

26/100

SBA Default Rate

28.6%

Active Lenders

5

Key Highlights

Data Insights

Key performance metrics for Fly Fitness based on SBA lending data

SBA Default Rate

28.6%

2 of 7 loans charged off

SBA Loan Volume

7 loans

Across 5 lenders

Lender Diversity

5 lenders

Avg 1.4 loans per lender

Investment Tier

Significant investment

$289,000 – $500,000 total

Payment Estimator

Loan Amount$231K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$2,992

Principal & Interest only

Locations

Fly Fitnessunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Fly Fitness