Aira Fitness

Can you provide detailed information about the 2 units closed and 1 unit terminated in 2022, including the specific reasons and circumstances surrounding these exits?

The Ad Fund Rate of 1.0% is significantly below the typical 2.0% for fitness franchises. How does this lower rate impact marketing support and reach compared to industry competitors?

With 999 renewal options at 10 years each totaling 10,000 years of potential term, what are the actual practical renewal expectations and renewal rate statistics for existing franchisees?

The Support & Training score of 78 falls below the typical range of 82-93. What specific training and ongoing support programs are included, and how do they compare to other fitness franchises?

Can you explain the discrepancy between the Contract Terms score of 70 (above typical) and the high number of non-curable defaults (15) that result in immediate termination?

What is the average unit economics and profitability for franchisees operating in different markets, given that Item 19 data is available?

The franchise has grown from 8 to 16 units in three years. What is the breakdown of this growth—new franchisees, corporate locations, or acquisitions—and what is the projected growth trajectory?

Given the 15 non-curable defaults in the termination clause, can you provide specific examples of what constitutes a non-curable default and how franchisees can avoid triggering immediate termination?

The Technology Fee is $300 monthly. What specific technology platforms and tools are included, and are there additional technology costs or upgrades beyond this base fee?

With binding arbitration required in the Chicago, Illinois metropolitan area, what would be the estimated costs for a franchisee outside this region who needs to dispute a contractual issue with the franchisor?

The transfer fee is $5,000, significantly below the typical $10,000-$17,138.50 range. What does this fee cover, and are there additional approval requirements or conditions for transferring a franchise?

Can you provide references or contact information for the 3 units that exited in 2022, and what were the specific terms under which they departed?

The personal guarantee requirement means all owners of entity franchisees are personally liable for all obligations. Can this personal guarantee be limited in scope or duration through negotiation?

What is the historical relationship between the franchise fee discount ($30,000 vs. typical $40,000-$60,000) and franchisee success rates or satisfaction levels?

Given the zero termination and non-renewal rates, how many franchisees have requested early termination or opted not to renew, and what were their reasons?

The non-compete clause is 2 years / 10 miles. After a franchisee exits, are there any restrictions on using their membership lists, client relationships, or operating model in a competing fitness business?

Can you clarify whether the 10-day cure period for monetary defaults applies to all payment types, including royalties, ad fund contributions, and technology fees?

What percentage of current franchisees opened within the last year, and what are the retention rates for franchises in their first, second, and third years of operation?

The renewal fee is $2,000. What is included in renewal, and are there any material changes to fees, terms, or operational requirements upon renewal?

Given that Support & Training scores below typical range, what specific resources are available to franchisees post-opening, and how frequently does corporate provide ongoing coaching or performance management?