What is the estimated range for insurance costs for an Aira Fitness franchise, and who is the designated insurance broker?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
(8) This estimate isfor paymentof 3 months ofinsurancecoverage.
See Item 8 for more information about ourinsurance requirements.
If youneedadditionalinsurancefor yourAira FitnessBusiness, youmay have additional costs.
Workers' compensation coverage may vary depending on the number of employees and your state requirements.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT FITNESS CENTER LOCATION (FDD pages 24–31)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, the estimated initial investment includes an allocation for insurance coverage. Specifically, the FDD indicates that the estimate provided covers the payment of three months of insurance coverage. However, the document does not specify the exact dollar amount for this insurance estimate. Item 8 provides more information about Aira Fitness's insurance requirements.
Additionally, the FDD notes that if a franchisee needs additional insurance for their Aira Fitness business, they may incur additional costs. The cost of workers' compensation coverage can vary based on the number of employees and the specific state requirements.
While the FDD mentions insurance costs, it does not provide a specific range for these costs or identify a designated insurance broker. A prospective Aira Fitness franchisee should refer to Item 8, as suggested, and directly ask the franchisor for detailed information on typical insurance expenses and whether there are any preferred insurance providers or brokers they recommend.