How many Aira Fitness outlets in Illinois were reacquired by the franchisor in 2024?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
3 Status of Franchised Outlets for Years 2022, 2023, and 2024**
| State | Year | Outlets at | Outlets Opened | Terminations | Non Renewals | Reacquired by | Ceased Operations | Outlets at End |
|---|---|---|---|---|---|---|---|---|
| Start of Year | Franchisor | Other Reasons | of the Year | |||||
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Arkansas | 2024 | 0 | 1 |
Source: Item 20 — **OUTLETS AND FRANCHISEE INFORMATION (FDD pages 56–58)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, one Aira Fitness outlet in Illinois was reacquired by the franchisor in 2024. The table provided in Item 20 includes a breakdown of outlet activity by state and year, showing that in Illinois, one outlet was reacquired by Aira Fitness in 2024. At the start of 2024, there were 2 outlets, 3 were opened, 1 was reacquired, and after these changes, there were 4 outlets at the end of the year.
This information is crucial for prospective franchisees as it provides insight into the stability and performance of existing Aira Fitness locations. Reacquisitions can occur for various reasons, such as franchisee underperformance or failure to adhere to brand standards. Understanding the reasons behind past reacquisitions can help a potential franchisee assess the risks and opportunities associated with investing in an Aira Fitness franchise in a specific area.
It is important to note that while one outlet was reacquired in Illinois during 2024, three new outlets were also opened in the same state during that year. This suggests that while there may have been challenges with a specific location, Aira Fitness is still actively expanding its presence in Illinois. Additionally, the FDD states that in 2024, the franchisor reacquired one franchised location and then resold it to another franchisee.
Prospective franchisees should further investigate the reasons for the reacquisition of the Aira Fitness outlet in Illinois. Understanding the specific circumstances can provide valuable insights into the challenges and opportunities of operating an Aira Fitness franchise in that market. This information, combined with a thorough review of the FDD and discussions with existing franchisees, can help potential investors make an informed decision about whether to invest in an Aira Fitness franchise.