Are Aira Fitness franchisees required to pay amounts related to liens on property used in connection with their business?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
You agree to pay promptly when due: (i) all payments, obligations, assessments and taxes due and payable to us and our affiliates, suppliers, lessors, federal, state or local governments, or creditors in connection with your business; (ii) amounts related to all liens and encumbrances of every kind and character created or placed upon or against any of the property used in connection with the Aira Fitness Business or business; and (iii) all accounts and other indebtedness of every kind incurred by you in the conduct of the Aira Fitness Business or business.
In the event you default in making any such payment, we are authorized, but not required, to pay the same on your behalf and you agree promptly to reimburse us on demand for any such payment.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, franchisees are responsible for paying amounts related to liens and encumbrances on property used in connection with their Aira Fitness business. This includes any liens or encumbrances placed against the property.
Specifically, the franchisee agreement mandates that franchisees promptly pay all amounts related to liens and encumbrances of every kind on any property used for the Aira Fitness business. If a franchisee fails to make these payments, Aira Fitness is authorized, but not required, to pay on the franchisee's behalf. In such cases, the franchisee must promptly reimburse Aira Fitness for any payments made.
This requirement ensures that the Aira Fitness business remains free from legal claims against its assets. It also protects Aira Fitness from potential financial losses due to a franchisee's failure to manage their financial obligations related to the business property. Prospective franchisees should carefully consider this obligation and ensure they have sufficient financial resources to cover these potential costs.