Who is responsible for the training expenses when an Aira Fitness franchise is transferred?

According to Aira Fitness's 2025 Franchise Disclosure Document, in the event of a franchise transfer, the responsibility for covering the training expenses falls on either the current franchisee (you) or the incoming franchisee (the transferee). The FDD stipulates that the transferee must comply with the training requirements outlined in Section 7.B, and the expense for this training is to be borne by either the current franchisee or the transferee.

This means that as a current Aira Fitness franchisee looking to transfer your franchise, you may need to negotiate with the potential transferee regarding who will pay for the required training. This could impact the overall financial terms of the transfer agreement.

For a prospective transferee, it's crucial to factor in these training costs when evaluating the financial viability of acquiring an existing Aira Fitness franchise. Understanding who bears the responsibility for these expenses is a key part of the due diligence process.