factual

What is the franchise fee for the second Aira Fitness franchise under a Multi-Unit Development Agreement?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

velopment

If you are a Developer, you mustsign the Franchise Agreement for your first Aira Fitness franchise and pay the initial franchise fee for the first franchise to be developed at the same time as you sign the Multi-Unit Development Agreement. In addition, you must pay a non-refundable Development Fee when you sign the Multi-Unit Development Agreement. The Development Fee is $6,000 times the number of additional Aira Fitness Businesses to be developed. The franchise fee for the second franchise will be $10,000. The franchise fee for the additional franchises after the second franchise will be $8,000.

When you sign the Franchise Agreement for the additional franchises, $6,000 of the Development Fee paid will be applied againstthe initial franchise fee for the franchise, and you will pay the balance due of $4,000 forthe second franchise and $2,000 for the additional franchises after the second franchise. For each franchise to be developed under the Multi-Unit Development Agreement, you will pay the initial franchise feesin the amount described in this Item 5 unless you fail to meet the Development Schedule in the Multi-Unit Development Agreement. If you failto meettheDevelopmentScheduleandthe then-currentinitialfranchisefeesforfranchises are higher than those described in this Franchise Disclosure Document, you must pay the then-current initial fran

Source: Item 5 — INITIAL FEES (FDD pages 15–18)

What This Means (2025 FDD)

According to Aira Fitness's 2025 Franchise Disclosure Document, the franchise fee for the second franchise under a Multi-Unit Development Agreement is $10,000. When signing the Franchise Agreement for additional franchises, $6,000 of the Development Fee paid will be applied against the initial franchise fee, leaving a balance of $4,000 due for the second franchise.

This means that while the initial franchise fee for a single unit is $30,000, Aira Fitness offers a reduced fee for franchisees committing to multiple locations. This incentivizes multi-unit development, which can benefit both the franchisee (through potentially lower fees) and the franchisor (through faster expansion).

However, it's important to note that this reduced fee structure is contingent on adhering to the Development Schedule outlined in the Multi-Unit Development Agreement. If the franchisee fails to meet this schedule and the then-current initial franchise fees are higher than those described in the FDD, the franchisee will be required to pay the higher, current initial franchise fee. This condition underscores the importance of carefully evaluating the development schedule and ensuring its feasibility before entering into a Multi-Unit Development Agreement with Aira Fitness.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.