How much does it cost to franchise an iFly?

How much does it cost to franchise an iFly?

$2 million to $10 million
The initial investment for an iFly franchise ranges from $2 million to $10 million.

How much does it cost to build an indoor skydiving machine?

How much does it cost to build a Vertical Wind Tunnel Facility? – A high quality portable vertical wind tunnel will cost you anywhere from $300,000 – $750,000 US Dollars. This type of tunnel can accommodate skydivers as well as tourists, and can be relocated easily to locations with high volume traffic.

How many locations does iFly have?

37 locations
iFly — Across the U.S. iFly has over 37 locations all over the world and has become a main commercial businesses that offers the unique experience of indoor skydiving.

Who is the best indoor skydiver?

Sydney Kennett is one of the world’s best indoor skydivers. The 14-year-old champion moves with the grace of a ballerina inside wind tunnels that propel air in excess of 100 miles per hour. Sydney holds numerous top prizes at competitions around the world, and she’s even a Guinness World Record holder.

Is iFly the same as skydiving?

Major Differences Between Indoor and Outdoor Indoor skydiving allows people to fly in a column of wind within a controlled environment. Real skydiving involves exiting a plane from 10,000 feet and descending at speeds of 120mph in an uncontrolled environment! It’s quite the adrenaline rush!

Who owns indoor skydiving?

Outlier, a Scottsdale-based private equity conglomerate with businesses in a variety of industries, has acquired iFly, an indoor skydiving company with locations across the globe.

Is skydiving a profitable business?

In skydiving, the big money-maker is ‘tandem jumps’, and the operator can easily pocket $100+ per jump, after paying other costs. Here is the formula being used by typical skydiving companies, to maximize profits: set up a facility/operation at a quiet exurban airport, typically 20-40 miles from a large urban center.

Who is the owner of iFLY?

David Tedesco, CEO and founder of Outlier, told the Business Journal that the company purchased iFly in July 2020, in partnership with Michael Marks, former CEO of Tesla and founder of California-based Celesta Capital. Financial details of the transaction were not disclosed publicly.

What industry is iFLY?

iFLY provides indoor skydiving services in a safe and fun environment.

How much does an iFLY wind tunnel cost?

We recommend a 10 or 15 minute block of flight time depending on your budget for coaching. We are the wind tunnel of choice for indoor skydiving San Diego, Los Angeles, and Orange County, CA….High Quality Print Photos.

4 Minutes (one flyer) $80
30 Minutes $600
60 Minutes $1,200

Is iFly still in business?

iFly, an indoor skydiving company, has locations across the country, including in Scottsdale. Outlier, a conglomerate based in Scottsdale, now owns iFly, an indoor skydiving company with locations across the country.

Who is the CEO of iFLY?

Dave Kirchhoff
1, 2017 /PRNewswire/ — iFLY, the world’s largest indoor skydiving company, today announced that it has chosen Dave Kirchhoff to serve as Chief Executive Officer, effective November 1, 2017. Kirchhoff will succeed iFLY Founder and CEO Alan Metni, who has served in the role since the company’s founding in 2000.

How much does an iFly wind tunnel cost?

How long has iFLY been around?

iFLY makes the dream of flight a reality by giving customers the ability to fly in a safe and reliable environment. This experiential entertainment company, that created modern indoor skydiving, started in 1998 by CEO Alan Metni who gave up his lucrative legal career to follow his dreams.