Does the Aira Fitness Disclosure Document include a sample Franchise Agreement?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
This disclosure document summarizes certain provisions of the franchise agreement and other information in plain English. Read this disclosure document and all agreements carefully.
If AIRA Fitness Franchising LLC offers you a franchise, it must provide this disclosure document to you 14 calendar-days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale (or sooner if required by state law). New York requires that we give you this disclosure document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. Michigan requires that we give you this disclosure document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
Source: Item 22 — **CONTRACTS (FDD page 59)
What This Means (2025 FDD)
The 2025 Aira Fitness Franchise Disclosure Document (FDD) does not explicitly state that a sample franchise agreement is included. However, the document references the Franchise Agreement and related attachments, suggesting its importance to the franchise relationship. For example, Exhibit M is a receipt acknowledging that the FDD summarizes provisions of the franchise agreement. Additionally, there are references to addenda to the Aira Fitness Franchise Agreement for specific states like Illinois and Virginia, indicating that the agreement itself is a central document. Attachments B and C to the Franchise Agreement are included in Item 23, Receipts. Attachment B is an Information Release Consent, and Attachment C is a Personal Guarantee. These attachments indicate the existence of a broader Franchise Agreement. Item 6 discusses transfer documents that the franchisee must execute, which relate to the Franchise Agreement.
While the FDD mentions and references the Franchise Agreement and its attachments, it does not confirm whether a complete sample agreement is provided as part of the disclosure. Franchise agreements contain critical details about the obligations, responsibilities, and rights of both the franchisor and franchisee. These agreements typically cover topics such as the term of the franchise, fees, training, operations, and termination conditions.
A prospective Aira Fitness franchisee should confirm with the franchisor whether a full sample franchise agreement is included in the FDD or can be provided separately. Reviewing the complete agreement is essential to understanding the full scope of the franchise relationship and making an informed investment decision. Understanding the terms and conditions outlined in the franchise agreement is crucial before signing any binding documents or making payments.