factual

When is the initial franchise fee due for an Aira Fitness franchise?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

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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 signing the Franchise Agreement. This is a fairly standard practice in the franchise industry, where the initial fee is typically required when the agreement is finalized.

For a prospective Aira Fitness franchisee, this means that $30,000 must be readily available at the time of signing. This fee grants the franchisee the right to operate an Aira Fitness franchise under the company's brand and system. It's important to note that this fee is separate from other initial investment costs, such as equipment, leasehold improvements, and working capital, which are detailed elsewhere in the FDD.

Therefore, before signing the agreement, a potential Aira Fitness franchisee should ensure they have secured the necessary financing to cover not only the initial franchise fee but also all other anticipated startup expenses. Understanding the timing of this payment is crucial for financial planning and ensuring a smooth transition into becoming an Aira Fitness franchisee.

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.