What is Exhibit 1 to the Initial Fitness Equipment Package Purchase Agreement for an Aira Fitness franchise?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
COPY FOR YOU Exhibit M RECEIPT
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.
If AIRA Fitness Franchising LLC does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the state agencies listed in Exhibit A to this disclosure document.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
Based on the 2025 Aira Fitness Franchise Disclosure Document, there is no mention of an Exhibit 1 to the Initial Fitness Equipment Package Purchase Agreement. The excerpts provided do contain references to exhibits, such as Exhibit A (listing state agencies) and Exhibit M (a receipt), but these are related to the overall Franchise Agreement, not specifically to the Initial Fitness Equipment Package Purchase Agreement. The excerpts include a sample purchase agreement for the Pod Package, but do not list any exhibits related to it.
A prospective Aira Fitness franchisee should ask the franchisor for a complete list of all exhibits and attachments related to the Initial Fitness Equipment Package Purchase Agreement. This will ensure they have a full understanding of all the documents that make up the agreement and their obligations.
Understanding all components of the agreement is crucial before signing any documents or making payments. Requesting clarification on any missing exhibits or attachments is a standard part of due diligence when evaluating a franchise opportunity.