Can the Franchisor's Affiliate assign the Aira Fitness lease to another party?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Assignment: Franchisor's Affiliate may assign some or all of Franchisor's Affiliate 's rights under this Agreement to a third party. So long as any of Franchisee's payment obligations under this Agreement remain outstanding, Franchisee shall not assign this Agreement or sell or transfer the Equipment without Franchisor's Affiliate 's prior written consent.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to the 2025 Aira Fitness FDD, the Franchisor's Affiliate has the right to assign its rights under the Pod Purchase Agreement to a third party. However, if the franchisee still has outstanding payment obligations, they cannot assign the agreement or sell/transfer the equipment without the Franchisor Affiliate's prior written consent.
This means that while Pure Gym Equipment, LLC (the Franchisor's Affiliate) has flexibility in assigning its rights to another party, the franchisee's ability to assign or transfer the agreement is restricted until all payment obligations are fulfilled and written consent is obtained. This condition protects the Franchisor Affiliate's financial interests in the agreement.
This is a fairly standard practice in franchising, as franchisors typically want to maintain control over who operates or owns the franchise to ensure brand consistency and protect their investment. Prospective Aira Fitness franchisees should be aware of this restriction and factor it into their business planning, particularly if they anticipate needing to assign or transfer their agreement at some point.