What expenses does the Aira Fitness transfer fee defray?

The 2025 Aira Fitness FDD outlines the costs associated with transferring a franchise. If the transferee is an existing Aira Fitness franchisee, the transfer fee is $5,000. However, if the transferee is not an existing franchisee, the transfer fee is equal to the then-current initial franchise fee. The FDD does not specify what expenses the transfer fee covers.

Prospective Aira Fitness franchisees should note that the transfer may also require the transferee to comply with training requirements outlined in Section 7.B of the franchise agreement, potentially incurring additional expenses for training, travel, and living costs. The franchisor also has the right to request financial reports and data related to the Aira Fitness business to evaluate the proposed transfer.

It is important to note that the franchisor has the right to confer with potential transferees and provide them with information about the Aira Fitness business without liability, except for intentional misstatements. However, any information provided by Aira Fitness to potential transferees is solely for evaluation purposes and should not be considered earnings claims or guarantees of success or failure.

Because the FDD does not specify what the transfer fee covers, a prospective franchisee should ask Aira Fitness for a detailed breakdown of how the transfer fee is used and what specific services or costs it covers. This will help in understanding the true cost of transferring the franchise and making an informed decision.