When must Aira Fitness franchisees charge their members the yearly maintenance fee?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
w us and our affiliates to collect the amounts owed to us. You are responsible for any penalties, fines or other similar expenses associated with the transfer of funds described in this Section.
- H. Yearly Maintenance Fees. You must charge your members a yearly maintenance fee in June of each calendar year. In consideration for the ongoing support and guidance we provide to our franchisees, you must pay to us fifty percent (50%) of the yearly maintenance fees collected from your members upon receipt of those fees. Suggested annual membership fees may be described in the Operations Manual from time to time. However, in no event will you pay us less than Nineteen Dollars and Fifty Cents ($19.50) per member, which mi
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, franchisees are required to charge their members a yearly maintenance fee in June of each calendar year. Franchisees must remit fifty percent (50%) of the collected yearly maintenance fees to Aira Fitness upon receipt of those fees. However, the amount paid to Aira Fitness must not be less than Nineteen Dollars and Fifty Cents ($19.50) per member, and this minimum amount is subject to Consumer Price Index (CPI) adjustments as described in Section 9.E of the FDD.
The remaining portion of the yearly maintenance fees that the Aira Fitness franchisee collects must be used for the maintenance of their Aira Fitness Business. The suggested annual membership fees may be detailed in the Operations Manual, which Aira Fitness may update periodically.
This requirement ensures that Aira Fitness franchisees consistently generate revenue for both themselves and the franchisor, while also allocating funds specifically for the upkeep and improvement of their fitness centers. Prospective franchisees should take note of this mandatory fee structure and factor it into their financial projections, ensuring they understand the timing of fee collection and remittance, as well as the potential for CPI-related adjustments to the minimum amount owed to Aira Fitness.