When do I begin making rent payments for the Initial Fitness Equipment Package lease for my Aira Fitness business?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
se Option
If you choose to lease the Initial FitnessEquipment Package fromour affiliate, you must pay our affiliate a deposit, which will range from $8,472 to $44,359 if you are opening an Aira Fitness Business that will operate from a Fitness Center, and which will range from $5,078 to $13,930 if you are opening an Aira Fitness Business that will operate from a Pod, depending on your equipment selection. You are also responsible for freight and delivery costs, which will range from $1,000 to $10,000. Beginning on the 1st day of the nextmonth followingdeliveryof the fitness equipment, youmustbegin paying rent equalto 1.5% of the total MSRP of your Initial Equipment Package, which will range from $352 to $1,963 per month if you are opening an Aira FitnessBusinessthat will operate from a FitnessCenter, and will range from $207 to $597 per month if you are opening an Aira Fitness Business that will operate from a Pod, depending on
the total MSRP of your equipment selection. We estimate you will make between one and two lease payments prior to opening for business. Deposits, rent, and freight and delivery costs under the Fitness Equipment Lease are not refundable under any circumstances.
Source: Item 5 — INITIAL FEES (FDD pages 15–18)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, if you choose to lease the Initial Fitness Equipment Package, your rent payments begin on the 1st day of the next month following the equipment's delivery. The monthly rent is equal to 1.5% of the total MSRP of your Initial Equipment Package.
For an Aira Fitness Business operating from a Fitness Center, the monthly rent will range from $352 to $1,963. If operating from a Pod, the monthly rent will range from $207 to $597, depending on the total MSRP of your equipment selection. The FDD estimates that you will likely make between one and two lease payments before your Aira Fitness business even opens.
It is important to note that deposits, rent, and freight/delivery costs associated with the Fitness Equipment Lease are non-refundable under any circumstances. This means that even if there are delays in opening or unforeseen issues, you will still be responsible for these payments. Therefore, prospective franchisees should carefully consider these costs and the estimated timeline for opening their Aira Fitness business to avoid unnecessary expenses.