When is the renewal fee of $2,000 due for an Aira Fitness franchise?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Type of Fee (Note 1) | Amount | Due Date | Remarks |
|---|---|---|---|
| we have under the franchise agreement. | |||
| Audits | Cost of audit plus interest | Immediately upon receipt of bill | You pay for cost of audit only if the audit is necessary due to your failure to furnish reports or if audit shows an understatement of Memberships or revenue by 2% or more. |
| Renewal Fee | $2,000 | Upon renewal of the Franchise Agreement | Payable if you renew your franchise after the first 1 |
Source: Item 6 — **OTHER FEES (FDD pages 18–24)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, the renewal fee of $2,000 is due upon renewal of the Franchise Agreement. This fee is payable if a franchisee chooses to renew their franchise after the initial 10-year term.
For a prospective Aira Fitness franchisee, this means that after operating the franchise for the initial term of 10 years, they will need to pay $2,000 if they decide to continue the franchise operation for another term. This fee is in addition to any other requirements or conditions for renewal that may be outlined in the Franchise Agreement, which prospective franchisees should carefully review.
It is important to note that the FDD mentions that fees in fixed amounts paid to Aira Fitness are subject to adjustment each year over the ten-year agreement term based on increases in the Consumer Price Index (CPI). While the renewal fee is a fixed amount, it is possible that this fee could be subject to CPI adjustments at the time of renewal. Therefore, the actual renewal fee may be higher than $2,000 at the time of renewal, depending on CPI increases over the initial 10-year term. Franchisees should confirm the exact amount due at the time of renewal.