What were the total operating expenses for Aira Fitness in 2023?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
INDEPENDENT ACCOUNTANT AUDIT REPORT
To the Management of AIRA FITNESS FRANCHISING LLC
Opinion
We have audited the financial statements of AIRA FITNESS FRANCHISING LLC (the "Company"), which comprise the Balance Sheet as of December 31, 2024 & December 31, 2023 & December 31, 2022, the related Profit & Loss Statements, the related Statements of Cashflows, the related Statements of Shareholders' Equity, and the related notes for the twelve-month periods then ended. (collectively referred to as the "f
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
I am unable to provide the total operating expenses for Aira Fitness in 2023, as the provided excerpts from the 2025 Franchise Disclosure Document do not contain this specific financial information. The excerpts focus on various aspects of the franchise agreement, including franchisee obligations, fees, insurance requirements, and audit rights.
While the FDD includes an independent accountant audit report and mentions Profit & Loss Statements for 2023, it does not disclose the actual figures for operating expenses. The document does outline various fees franchisees may incur, such as training fees (up to $1,000.00 per day), website fees (up to $400.00 per month), and potential non-attendance fees ($500.00), but these are not the same as total operating expenses.
A prospective Aira Fitness franchisee should directly request the 2023 total operating expenses from the franchisor. This information is crucial for understanding the financial performance of the company and for developing realistic financial projections for their own franchise.
Specifically, a potential franchisee should ask Aira Fitness for the audited or unaudited income statement for 2023, which would detail the company's revenues, cost of goods sold, operating expenses (including items like salaries, rent, marketing, and administrative costs), and net income. Reviewing these statements would provide a clear picture of the company's financial health and profitability.