iFly
Recreation & Entertainment · Other Recreation Businesses
Description
What is iFly?
The experience combines cutting-edge engineering with exceptional customer service, creating a safe and controlled environment where customers can experience the sensation of freefall without jumping from an airplane. Each location features a vertical wind tunnel that generates wall-to-wall airflow, creating a cushion of air that allows guests to float effortlessly.
What sets iFLY apart is their commitment to both entertainment and education. Their highly trained instructors not only ensure safety but also provide comprehensive guidance through every step of the flying experience. The franchise offers various programs including birthday parties, corporate events, STEM education workshops, and professional training for experienced flyers.
The business model caters to both first-time flyers seeking a unique entertainment experience and enthusiasts looking to develop advanced flying skills. Each session includes personalized instruction, all necessary gear, and the option to capture the experience through professional photos and videos. The franchise has built a strong reputation for delivering memorable experiences that combine adrenaline-pumping excitement with absolute safety.
iFLY locations have become popular destinations in their communities, attracting tourists and locals alike who are looking for an extraordinary adventure that's suitable for all ages and skill levels. Their success is built on a foundation of safety, innovation, and the ability to deliver an unforgettable experience that keeps customers coming back for more.
- Generates 7.9x the recreation sub-sector average revenue
- $2.49 million average gross revenue per location
- State-of-the-art wind tunnel technology with proven safety record
- Multiple revenue streams: parties, corporate events, STEM education, private bookings
- Proven 20+ year track record with 37 established locations
- High barrier to entry protection in premium experiential entertainment
Location Analysis
Where iFly wins
The concept shows particular success in regions combining strong tourism activity with high local disposable income. Current market positioning emphasizes accessibility to both urban centers and affluent suburban communities, targeting areas with strong family-oriented demographics. The franchise's presence spans from coastal regions to inland markets, with significant operations across the Northeast corridor, Southeast region, and Western states.
Expansion opportunities exist particularly in states with limited current presence across the Mountain West and Plains regions. Ideal new markets should feature metropolitan areas with substantial population bases, strong tourism indicators, and demographics supporting premium recreational activities. The indoor skydiving concept particularly succeeds in regions seeking year-round entertainment options independent of weather conditions.
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Financial Analysis
The numbers behind iFly
However, the premium investment is supported by exceptional revenue performance, with iFLY generating $2.49 million in gross revenue compared to the sub-sector average of just $316,106. This represents 7.9 times the sub-sector average revenue, demonstrating the franchise's ability to command premium pricing and attract substantial customer volume. The entertainment and recreation industry benefits from growing experiential spending trends, with consumers increasingly prioritizing unique activities over material purchases.
With 37 units since 2002, iFLY demonstrates measured growth and operational stability over two decades. The system's maturity suggests refined operational procedures and proven market demand. Ideal investors require substantial liquid capital, likely exceeding $2-3 million, with significant net worth requirements. The complex operational model demands investors with business management experience, but the strong revenue-to-investment ratio provides compelling return potential for qualified operators in major metropolitan markets.
Financing partners
Vetted partners, tailored to franchisees
Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.
FranFund
CRF USA
Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.
First Bank of the Lake
Pension Pros
FDD Item 7
Initial investment range
Per FDD Item 7, total initial investment ranges from $4,378,500 to $12,249,926. The midpoint $8,314,213 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.
FDD Item 19
Average gross sales
According to Item 19 of the Franchise Disclosure Document, iFly has an average gross revenue of $2M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)
Growth over time
Franchise footprint
2024 Franchise Disclosure
FDD documents
Below are items 2, 3, 4, 7, 11 and 19 for iFly's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.
Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.
Buyer FAQs
Frequently asked questions
The initial investment for a iFly franchise typically ranges between $4,378,500.00 and $12,249,926.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.
Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.
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