What is the estimated range for rent on the Initial Fitness Equipment Package for an Aira Fitness franchise, and what period does this cover?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
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- (6) You must purchase or lease the initial fitness equipment package ("Initial Fitness Equipment Package") from our affiliate.There may be times when we will not have fitness equipment available to offer for sale or lease and we will provide an alternative approved supplier. If you choose to purchase the InitialFitnessEquipmentPackage fromour affiliate, you mustpay our affiliate in cashin full. If youchoose to lease the Initial Fitness Equipment Package from our affiliate, you must pay a nonrefundable deposit ranging from $5,078 to $13,930. This estimate also includes rent on the Initial Fitness Equipment Package for (i) between one and two months before you open for business and (ii) your first three months of operation, which will range from $828 to $2,985 if you choose to lease the Initial Fitness Equipment Package. Paymentofrentbeginson the 1st day ofthe 1st monthafter delivery oftheInitialFitnessEquipment Package. The lower estimate assumes that you will lease the Initial Fitness Equipment Package and the higher estimate assumed that you will purchase the Initial Fitness Equipm
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, if a franchisee chooses to lease the Initial Fitness Equipment Package from Aira Fitness's affiliate, the estimated rent ranges from $828 to $2,985. This estimate covers a period that includes (i) between one and two months before the Aira Fitness business opens and (ii) the first three months of operation.
It is important to note that payment of rent begins on the 1st day of the 1st month after the delivery of the Initial Fitness Equipment Package. The lower end of the estimate assumes the franchisee will lease the Initial Fitness Equipment Package, while the higher end assumes the franchisee will purchase it.
Prospective franchisees should carefully consider whether to lease or purchase the Initial Fitness Equipment Package, taking into account the deposit required for leasing ($5,078 to $13,930) versus the full purchase price. They should also factor in the ongoing rental costs and the potential benefits of ownership. These estimates are based on Aira Fitness's affiliate's experience, but actual costs may vary.