Does the Aira Fitness Disclosure Document include a sample Initial Fitness Equipment Package Purchase Agreement?

According to the 2025 Aira Fitness Franchise Disclosure Document, franchisees are required to purchase or lease an Initial Fitness Equipment Package from Pure Gym Equipment LLC, an Aira Fitness affiliate. Item 10 of the FDD states that franchisees will sign the standard form Initial Fitness Equipment Purchase Agreement, along with a Personal Guaranty, which is attached as Exhibit F to the FDD. Alternatively, franchisees can sign the standard form Fitness Equipment Lease, along with the Personal Guaranty attached as Exhibit G.

This means that the Aira Fitness FDD includes both a standard form Initial Fitness Equipment Purchase Agreement and a standard form Fitness Equipment Lease. These agreements outline the terms and conditions for purchasing or leasing the required fitness equipment. The franchisee must also sign a Personal Guaranty, ensuring their personal financial responsibility for the agreement.

Prospective franchisees should carefully review Exhibits F and G, the standard form Initial Fitness Equipment Purchase Agreement and the standard form Fitness Equipment Lease, along with the Personal Guaranty, to fully understand their obligations, payment terms, and any potential liabilities associated with acquiring the necessary equipment for their Aira Fitness franchise. Understanding these documents is crucial before making a final investment decision.