To whom must Aira Fitness franchisees provide a copy of the equipment maintenance contract?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
If you choose to lease the fitness equipment, at the end of each three year period, you must return the old equipment to the designated or approved supplier of the fitness equipment or otherwise per the terms of the equipment lease, which designated or approved supplier may be us or our affiliate.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
Based on the 2025 Aira Fitness Franchise Disclosure Document, if franchisees choose to lease fitness equipment, they must return the old equipment to the designated or approved supplier of the fitness equipment per the terms of the equipment lease. This designated or approved supplier may be Aira Fitness or its affiliate.
This means that franchisees need to understand the terms outlined in their equipment lease agreement, particularly regarding the return of old equipment. The lease agreement will specify the exact procedures and conditions for returning the equipment at the end of the lease term. It is important to note that Aira Fitness or its affiliate could be the designated supplier, adding another layer to the relationship.
For a prospective franchisee, this highlights the importance of carefully reviewing the equipment lease agreement and understanding the responsibilities for returning equipment. Franchisees should confirm who the designated supplier is and what specific steps are required for returning the equipment to avoid any potential disputes or additional costs at the end of the lease term. It is also important to understand if Aira Fitness or an affiliate is the supplier, as this could influence the terms and conditions of the lease.