What form must be submitted to Aira Fitness when applying for consent to transfer a franchise?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Application for our consent to a transfer and tender of the right of first refusal provided for in Section 12.E must be made by submission of our form of application for consent to transfer, which must be accompanied by the documents (including a copy of the proposed purchase or other transfer agreement) or other required information.
The application must indicate whether you or an Owner proposes to retain a security interest in the property to be transferred.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, to apply for consent to a transfer, you must submit Aira Fitness's form of application for consent to transfer. This application must be accompanied by required documents, including a copy of the proposed purchase or other transfer agreement, and any other required information. The application must also indicate whether you or an Owner proposes to retain a security interest in the property to be transferred.
Additionally, Aira Fitness requires that you tender to them the right of first refusal to acquire the Aira Fitness Agreement. If Aira Fitness does not exercise this right, you must obtain their prior written consent, pay the transfer fee (if applicable), and satisfy the transfer conditions. Any attempted transfer without Aira Fitness's prior written consent or not in compliance with the terms of the Agreement will be considered void.
These conditions are typical in franchising, as franchisors want to ensure that any new franchisee meets their standards and that the transfer does not negatively impact the brand. Prospective franchisees should carefully review Section 12 of the Aira Fitness Franchise Agreement to fully understand all requirements and conditions for transferring a franchise.