factual

What document must be executed for each additional Aira Fitness Center?

Aira_Fitness Franchise · 2025 FDD

Answer 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;

Source: Item 23 — **RECEIPTS (FDD pages 59–254)

What This Means (2025 FDD)

According to Aira Fitness's 2025 Franchise Disclosure Document, a separate Franchise Agreement must be executed for each additional Aira Fitness Center. The terms and conditions of each Franchise Agreement will then govern the establishment and operation of that specific Aira Fitness Center. This is a standard practice in franchising, ensuring each location operates under a legally binding agreement.

Prior to executing the Franchise Agreement for an additional center, the franchisee must provide Aira Fitness with written notice of their intention to begin development at least thirty (30) days in advance. This allows Aira Fitness to prepare for the new location and ensure it aligns with their development plans.

Compliance with the Development Schedule is crucial, as the terms and conditions of the agreement depend on it. Franchisees must also continuously maintain operations at each Aira Fitness Center, adhering to the terms of each individual Franchise Agreement. The owners must maintain majority control over the entity that owns each Aira Fitness franchise developed under the agreement. Franchisees have the option to develop and open an Aira Fitness Center earlier than the date specified in the Development Schedule, provided they comply with both the Development Agreement and the applicable Franchise Agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.