factual

From whom must I purchase or lease the Initial Fitness Equipment Package for my Aira Fitness franchise?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

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  • (6) You must purchase or lease the initial fitness equipment package ("Initial Fitness Equipment Package") from our affiliate.There may be times when we will not have fitness equipment available to offer for sale or lease and we will provide an alternative approved supplier. If you choose to purchase the InitialFitnessEquipmentPackage fromour affiliate, you mustpay our affiliate in cashin full. If youchoose to lease the Initial Fitness Equipment Package from our affiliate, you must pay a nonrefundable deposit ranging from $5,078 to $13,930. This estimate also includes rent on the Initial Fitness Equipment Package for (i) between one and two months before you open for business and (ii) your first three months of operation, which will range from $828 to $2,985 if you choose to lease the Initial Fitness Equipment Package. Paymentofrentbeginson the 1st day ofthe 1st monthafter delivery oftheInitialFitnessEquipment Package. The lower estimate assumes that you will lease the Initial Fitness Equipment Package and the higher estimate assumed that you will purchase the Initial Fitness Equipment Package.

  • (7) You may, but are not required to, spend up to $12,000 on grand opening advertising.

  • (8) This estimate is for payment of 3 months of insurance coverage. See Item 8 for more information about our insurance requirements. If you need additional insurance for your Aira Fitness Business, you may have additional costs. Workers' compensation coverage may vary depending on the number of employees and your state requirements.

  • (9) There is no separate training fee payable to us, as initial training is included in the Initial Franchise Fee. You must make arrangements and pay the expenses for your general manager to attend our training program, including wages. See Item 11 for more information on training. The amount you spend will depend, in part, on the general manager's hourly wage and how long it takes the general manager to complete the online training. While you are not required to attend in-person training, if you or the general manager visits us in McHenry, Illinois, you will be responsible for all travel costs.

  • (10) This estimate includes fees for the use of attorneys and accountantsin establishing your Aira Fitness Business.

  • (11) The low figure assumes that you are able to negotiate with the landlord to waive the payment of the security deposit and to abate rent for the first 3 months of operation. The higher figure represents an estimate for a 1 month security deposit and 3 months' rent for a land lease.The rental expense may vary widely based on geographic location, size of land you are leasing, local rental rates and otherfactors. A typical Aira Fitness Business operated from a Pod occupies from 400 square feet to 800 square feet of land.

  • (12) You mustpurchaseorlease the pod package ("PodPackage")fromour affiliate. If you choose to purchase the Pod Package from our affiliate, you must pay our affiliate in cash in full upon signing the Pod Purchase 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, you must purchase or lease the Initial Fitness Equipment Package from Aira Fitness's affiliate. However, there may be times when Aira Fitness does not have fitness equipment available for sale or lease, and in those instances, they will provide an alternative approved supplier.

If you choose to purchase the Initial Fitness Equipment Package from Aira Fitness's affiliate, you must pay the affiliate in cash in full. If you choose to lease the Initial Fitness Equipment Package from Aira Fitness's affiliate, you must pay a nonrefundable deposit ranging from $5,078 to $13,930 for a Fitness Center location or from $8,472 to $44,359 for a Pod location.

The estimate also includes rent on the Initial Fitness Equipment Package for (i) between one and two months before you open for business and (ii) your first three months of operation, which will range from $828 to $2,985 for a Fitness Center or from $1,408 to $9,815 for a Pod if you choose to lease the Initial Fitness Equipment Package. Payment of rent begins on the 1st day of the 1st month after delivery of the Initial Fitness Equipment Package. The initial fitness equipment package is estimated to cost between $9,300 and $130,165.

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.