Can an Aira Fitness Center be developed and opened earlier than the date set forth in the Development Schedule?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| notwithstanding any provision to the contrary contained in any Franchise Agreement. However, we will credit Six Thousand Dollars ($6,000.00) of the Development Fee against the Initial Franchise Fee for each additional Franchise Agreement for a Aira Fitness Center executed pursuant to, and in accordance with, this Development Agreement. |
|---|
| Pursuant to the above paragraph and the Development Schedule, the Development Fee under this |
| Agreement is Dollars ($). |
| 2.3 |
| A separate Franchise Agreement shall be executed for each additional Aira Fitness Center. |
| Upon the execution of each Franchise Agreement, the terms and conditions of such Franchise Agreement |
| shall control the establishment and operation of such Aira Fitness Center. |
| 3. |
| DEVELOPMENT OBLIGATIONS |
| 3.1 |
| The terms and conditions of this Agreement are contingent upon you being in full compliance |
| with the Development Schedule. |
| In addition, you must at all times after the opening of each Aira Fitness |
| Center |
| continuously maintain in operation pursuant to each Franchise Agreement at least the number of Aira |
| Fitness Centers set forth in the Development Schedule, and your Owners must at all times own a majority |
| control over the entity that owns each Aira Fitness |
| franchise developed hereunder. You may develop and |
| open any Aira Fitness Center |
| earlier than the date set forth in the Development Schedule as long as you do so |
| in compliance with this Agreement and the applicable Franchise Agreement. |
| 3.2 |
| You must develop each Aira Fitness Center |
| in the following manner: |
| (a) |
| By giving us written notice of your intention to begin development of the next Aira |
| Fitness Center |
| at least thirty (30) days before the execution of the Franchise Agreement for the applicable |
| center; |
| (b) |
| By submitting to us a description of the proposed site, together with a letter of intent |
| in a form approved by us or other evidence satisfactory to us which confirms your favorable prospects for |
| obtaining the proposed site; |
| (c) |
| By executing the then-current form of the Franchise Agreement for the applicable |
| center at the approved site and complying with its terms. We acknowledge that the franchisee for each |
| Franchise Agreement may be a separate entity owned by your Owners. |
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, a developer may open an Aira Fitness Center earlier than the date outlined in the Development Schedule. However, this is contingent upon compliance with both the Multi-Unit Development Agreement and the applicable Franchise Agreement.
To develop an Aira Fitness Center earlier than scheduled, the developer must provide written notice to Aira Fitness at least thirty days before executing the Franchise Agreement for the specific center. Additionally, the developer needs to submit a description of the proposed site, along with a letter of intent or other satisfactory evidence, confirming favorable prospects for obtaining the site. The developer must also execute the then-current form of the Franchise Agreement for the applicable center at the approved site and comply with its terms.
It is important to note that the terms and conditions of the Multi-Unit Development Agreement are contingent upon the developer's full compliance with the Development Schedule. Furthermore, after opening each Aira Fitness Center, the developer must continuously maintain its operation under each Franchise Agreement. The owners must also maintain majority control over the entity that owns each Aira Fitness franchise developed under the agreement.