What happens to the initial franchise fee for additional Aira Fitness franchise agreements if the developer is not in compliance with the Development Schedule?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
th the Development Schedule. The initial franchise fee for the third or other multiple Franchise Agreements above two shall be
| AIRA FITNESS | | | |---------------------|-------|--------------------| | MUDA 2025 | - 2 - | | | FRANCHISOR INITIALS | | DEVELOPER INITIALS |
Eight Thousand Dollars ($8,000.00) on the condition that, at the time you sign any additional Franchise Agreement under this Agreement, you are currently in compliance with the Development Schedule. If you are not in compliance with the Development Schedule at the time of signing a
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, the initial franchise fee for additional franchise agreements is affected by compliance with the Development Schedule. The initial franchise fee for the second Aira Fitness franchise is $10,000, and $8,000 for the third or more.
If a developer is not in compliance with the Development Schedule when signing an additional franchise agreement, they will be required to pay the then-current initial franchise fee being charged to new franchisees. This applies if the current initial franchise fee is greater than $10,000 for the second franchise agreement or greater than $8,000 for the third or subsequent franchise agreements.
In practical terms, this means that Aira Fitness developers must adhere to the Development Schedule to maintain the discounted initial franchise fee for additional locations. Failure to comply could result in significantly higher fees, potentially impacting the profitability and expansion plans of the franchise. This incentivizes developers to meet their development obligations and could pose a financial risk if the developer fails to meet the schedule.