factual

Where must the franchisee make the equipment available to Aira Fitness's Franchisor's Affiliate for repossession?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (e) Without notice to Franchisee, repossess the Equipment wherever found, with or without legal process, and for this purpose Franchisor's Affiliate and/or its agents may enter upon any premises of or under the control or jurisdiction of Franchisee or any agent of Franchisee, without liability for suit, action or other proceeding by Franchisee (any damages occasioned by such repossession being hereby expressly waived by Franchisee) and remove the Equipment therefrom; Franchisee further agrees on demand, to assemble the Equipment and make it available to Franchisor's Affiliate at a place to be designated by Franchisor's Affiliate which is reasonably convenient to Franchisor's Affiliate;

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

What This Means (2025 FDD)

According to Aira Fitness's 2025 Franchise Disclosure Document, if the Franchisor's Affiliate needs to repossess equipment, the franchisee must assemble the equipment and make it available to the Franchisor's Affiliate. The location for this assembly will be designated by the Franchisor's Affiliate, and it must be a place reasonably convenient to them.

This means that if Aira Fitness franchisees default on their lease agreement or otherwise breach the terms, they are obligated to cooperate with the Franchisor's Affiliate in the repossession process. This includes gathering the equipment and preparing it for pickup at a location that the affiliate finds suitable.

It is important to note that the Franchisor's Affiliate has the right to enter the franchisee's premises to repossess the equipment, with or without legal process, and the franchisee waives any claims for damages caused by such repossession. The franchisee is responsible for ensuring the equipment is readily accessible for repossession at the designated location to avoid further complications or legal actions.

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.