What is the purchase option for the Pod at the end of the 3-year term for Aira Fitness franchisees?

According to Aira Fitness's 2025 Franchise Disclosure Document, franchisees who lease a Pod have the option to purchase it at the end of the initial 3-year lease term. The purchase price for the Pod at that time is $20,000.

This purchase option provides flexibility for Aira Fitness franchisees. After the initial lease period, they can decide whether to continue leasing on a month-to-month basis, purchase the existing Pod, or potentially upgrade to a newer model if required by Aira Fitness system standards. The decision will likely depend on the condition of the Pod, the franchisee's financial situation, and their long-term business plans.

It's important to note that the lease agreement continues on a month-to-month basis after the initial 3-year term unless the franchisee requests or Aira Fitness requires a replacement due to the Pod no longer meeting system standards. This clause protects the brand's image and ensures that all Aira Fitness locations maintain a consistent level of quality and appearance. Franchisees should factor in potential replacement costs when evaluating the long-term financial viability of their Aira Fitness business.