What is the estimated range for security deposit and rent (first 3 months) for an Aira Fitness pod location?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
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- (11) The low figure assumes that you are able to negotiate with the landlord to waive the payment of the security deposit and to abate rent for the first 3 months of operation. The higher figure represents an estimate for a 1 month security deposit and 3 months' rent for a land lease.The rental expense may vary widely based on geographic location, size of land you are leasing, local rental rates and otherfactors. A typical Aira Fitness Business operated from a Pod occupies from 400 square feet to 800 square feet of land.
- (12) You mustpurchaseorlease the pod package ("PodPackage")fromour affiliate. If you choose to purchase the Pod Package from our affiliate, you must pay our affiliate in cash in full upon signing the Pod Purchase Agreement. If you choose to lease the Pod Package from our affiliate, you must pay a nonrefundable deposit equal to $12,000 upon signing the Pod Package Lease. This estimate also includes rent on the Pod 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 $2,400 to $3,000 if you choose to lease the
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 range for a security deposit and the first three months of rent for a pod location varies significantly. The low estimate assumes a franchisee can negotiate with the landlord to waive the security deposit and abate rent for the first three months. However, the higher estimate accounts for a one-month security deposit and three months' rent.
The document states that if you choose to lease the Pod Package, the rent for one to two months before opening and the first three months of operation will range from $2,400 to $3,000. The lower estimate includes a lease deposit of $12,000 and four months of rent ($2,400).
It's important to note that rental expenses can fluctuate based on geographic location, the size of the land leased, and local rental rates. A typical Aira Fitness pod occupies 400 to 800 square feet of land. Prospective franchisees should carefully consider these factors and conduct thorough market research to estimate their potential rental costs accurately. Negotiating favorable lease terms with the landlord could substantially reduce the initial investment.