
iFLY
Entertainment & Recreation · Sports & Recreation
- Active units
- 6
- Avg unit volume
- $2.5M
- Royalty
- 7.0%
Franchised, year-end 2023
of weekly Net Sales
About iFLY
With a strong focus on domestic and international passenger and cargo flights, iFly was established in 2009 and is based in Moscow's Vnukovo Airport. Prior to the COVID-19 pandemic, iFly primarily operated charter flights to popular tourist destinations such as Turkey, Egypt, Europe, China, and Southeast Asia. Since 2020, iFly has actively expanded its presence in the cargo transportation sector. Starting from the summer of 2022, the airline has also begun offering regular flights within Russia, connecting cities in the Far East with the Black Sea resort city of Sochi. In 2023, iFly plans to further expand its network of regular flights in Russia, introducing new direct non-stop routes between eastern and western regions of the country. iFly prioritizes the safety and reliability of its fleet of Airbus A330-200/300 aircraft, which have proven to be optimal solutions for medium and long-haul distances, ensuring passenger comfort on board during long flights. The airline prides itself on its commitment to fulfilling its obligations to passengers, continuously improving the quality of services and adhering to international flight safety standards.
Key terms
- Franchise fee
$25k
- Footprint
4,000 sq ft
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations6
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate0.0%
Net unit growth versus prior year
- 3-year unit CAGR9.5%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$2.5M
Franchised locations combined average Gross Sales for 2023 shown in $1000s; converted to dollars (2,486.2 x 1,000).
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$8.3M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open630 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio0.3×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 8 of 8 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.