Are the deposits, rent, and freight and delivery costs refundable under the Fitness Equipment Lease for an Aira Fitness franchise?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Deposits, rent, and freight and delivery costs under the Fitness Equipment Lease are not refundable under any circumstances.
Pod Package – Lease Option
If you choose to lease the Pod Package from our affiliate, you must pay our affiliate a deposit amount equal to $12,000. You are also responsible forfreight anddelivery costs, which willrange from$5,000to $10,000, Beginning on the 1st day of the next month following delivery of the Pod, you must begin paying rent equal to $600 per month. We estimate you will make between one and two lease payments prior to opening for business, which will range from $600 to $1,200. Deposits, rent, and freight and delivery costs underthe Pod Package 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, deposits, rent, and freight and delivery costs under both the Fitness Equipment Lease and the Pod Package Lease are non-refundable under any circumstances.
For franchisees choosing the Initial Fitness Equipment Package lease option, the deposit ranges from $8,472 to $44,359 for a Fitness Center and $5,078 to $13,930 for a Pod, depending on equipment selection. Monthly rent equals 1.5% of the total MSRP, ranging from $352 to $1,963 for a Fitness Center and $207 to $597 for a Pod. Freight and delivery costs range from $1,000 to $10,000.
For franchisees choosing the Pod Package lease option, the deposit is $12,000, monthly rent is $600, and freight and delivery costs range from $5,000 to $10,000. Given these non-refundable terms, prospective Aira Fitness franchisees should carefully consider their financial situation and the potential risks before committing to a lease agreement for either the Initial Fitness Equipment Package or the Pod Package.