How often can Aira Fitness change the fixed fees based on the Consumer Price Index?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
All fixed fees (those not calculated as a percentage of sales) under this Agreement, including the Local Advertising expenditure and Local Marketing Fund or Cooperative contribution, are subject to adjustment based on any increase in the Consumer Price Index (meaning the annual average of the Consumer Price Index for All Urban Consumers, Other goods and services, 1982- 1984=100, published by the Bureau of Labor Statistics of the United States Department of Labor).
If the Bureau of Labor Statistics ceases publishing the Consumer Price Index, then the successor or most nearly comparable index as we select will be used.
Fees will be changed no more than once per year.
The increase will be based on the increase in the Index from January 1 of any year to January 1, 2025 or the previous CPI adjustment.
We will provide you with reasonable notice of such adjustment.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, Aira Fitness can adjust fixed fees based on the Consumer Price Index (CPI) no more than once per year. These fixed fees include the Local Advertising expenditure and Local Marketing Fund or Cooperative contribution.
The adjustment will be based on the increase in the CPI from January 1 of any year to January 1, 2025, or the date of the previous CPI adjustment. The CPI used is the annual average of the Consumer Price Index for All Urban Consumers, Other goods and services, 1982-1984=100, published by the Bureau of Labor Statistics of the United States Department of Labor. If this index is discontinued, Aira Fitness will select a successor or comparable index.
Aira Fitness is required to provide franchisees with reasonable notice before implementing any such adjustment. This means that prospective franchisees should be aware that certain fixed fees associated with operating an Aira Fitness franchise can change annually based on fluctuations in the Consumer Price Index, potentially impacting their overall costs.