When is the initial franchise fee of $30,000 due to be paid to Aira Fitness?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
OD LOCATION
| Type of Expenditure | Amount (1) | Method of Payment | When Due | To Whom Payment Is to Be Made |
|---|---|---|---|---|
| Initial Franchise Fee (2) | $30,000 | Lump sum | Upon signing of Franchise Agree |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT FITNESS CENTER LOCATION (FDD pages 24–31)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, the initial franchise fee of $30,000 is due upon the signing of the Franchise Agreement. This fee is paid as a lump sum to Aira Fitness. This is a standard practice in franchising, where the initial fee grants the franchisee the right to operate under the Aira Fitness brand and system.
It is important for prospective franchisees to understand that this $30,000 is just one component of the overall initial investment. Other costs, such as equipment, leasehold improvements, and working capital, must also be considered. These additional expenses can significantly increase the total amount of capital required to start an Aira Fitness franchise.
As noted in the FDD, all payments are nonrefundable unless otherwise permitted by a third-party supplier. Therefore, a potential Aira Fitness franchisee should carefully review the Franchise Agreement and conduct thorough due diligence before signing and paying the initial franchise fee. Understanding the terms and conditions is crucial to making an informed investment decision.