factual

To whom do I make the payment for the Initial Fitness Equipment Package for an Aira Fitness franchise?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

operation.

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 Agreement.

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, if you choose to purchase or lease the Initial Fitness Equipment Package, payments are made to Aira Fitness's affiliate. The exact timing of these payments depends on whether you purchase or lease the equipment.

If purchasing, you must pay the full amount in cash upon signing the Initial Fitness Equipment Package Purchase Agreement. If leasing, you'll pay a nonrefundable deposit, with the amount ranging from $5,078 to $13,930 for a Pod location or $8,472 to $44,359 for a Fitness Center location, upon signing the Equipment Lease Agreement.

The estimate also includes rent on the Initial Fitness Equipment Package for a period of one to two months before opening and the first three months of operation. These payments range from $828 to $2,985 for a Pod location and $1,408 to $9,815 for a Fitness Center location if you choose to lease. There may be times when Aira Fitness will not have fitness equipment available to offer for sale or lease and they will provide an alternative approved supplier.

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.