How profitable is iFLY?

Estimated Revenue & Financials iFLY’s estimated annual revenue is currently $92.3M per year.

Is indoor skydiving profitable?

Indoor skydiving facilities have proved to be an extremely profitable and widely accepted business. The upfront cost and complexities when starting a project are the biggest challenges for interested investors.

How much does it cost to open an iFLY?

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

How much does a skydiving simulator cost?

Depending on how much time you want to spend in the tunnel, you can expect to pay $40–$70 per person for an indoor skydiving simulator session. This price often includes a few minutes of flying, plus training, personal instruction from a coach, and a post-flight DVD or tape to show off the experience to your friends.

Is skydiving a profitable business?

Skydiving isn’t cheap, and to run a drop zone, like it or not, your success depends greatly on a steady influx of tandem skydive customers. By far, tandem jumps are the most profitable for both the drop zone owners (DZOs) and tandem instructors. A turbine aircraft.

How long has iFLY been in business?

We opened our first wind tunnel in 1998 with the dream of empowering humans to experience the freedom and thrill of flying.

How much does an F1 wind tunnel cost?

How much does a F1 wind tunnel cost? Formula 1 teams invest approximately $60-100 million to build their own wind tunnels at their factory to develop the aerodynamics of their cars. Tunnels that are more sophisticated and expensive typically use one large fan.

Who owns iFLY Perth?

Indoor Skydive Australia Group
This location is being built by Indoor Skydive Australia Group, the same crew who was responsible for building iFLY Downunder – the first modern wind tunnel in Australia. As of December 17th, 2016 this location is officially open to the public.

Has anyone died indoor skydiving?

A skydiver has died after suffering a brain haemorrhage while practising in a wind tunnel in Greater Manchester. Francis Sweeney, 23, from Kings Norton in Birmingham, lost consciousness while training at the Airkix Indoor Skydiving Centre in Trafford Quays on Monday. He died on Tuesday at Trafford General Hospital.

How much does an indoor skydiving tunnel cost?

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 much money does a professional skydiver make?

Total Salary For those who work year-round and operate full time, yearly salaries may reach as high as $44,000 per year, according to KayCircle.com. However, for a more general range, most skydivers make an average of between $20,000 and $40,000 per year, according to JobMonkey.com.