What is the Aira Fitness franchisee required to do if their books and records are not produced at the time of inspection and audit?

According to Aira Fitness's 2025 Franchise Disclosure Document, if a franchisee fails to produce the required books and records at the time of an inspection and audit, they will be responsible for covering all associated costs. However, this obligation is conditional. Aira Fitness must provide the franchisee with a minimum of five days' notice prior to the scheduled inspection and audit date.

This requirement ensures that Aira Fitness franchisees maintain organized and accessible financial records, allowing for accurate monitoring of sales and royalty payments. The five-day notice period provides franchisees with a reasonable timeframe to prepare the necessary documentation.

For a prospective Aira Fitness franchisee, this means maintaining meticulous records and being prepared to present them promptly when requested. Failure to do so can result in unexpected expenses for the inspection and audit. Franchisees should ensure they understand the specific record-keeping requirements outlined in the Operations Manual to avoid potential penalties.