What happens if an Aira Fitness franchisee attempts to transfer the franchise without prior written consent?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Any attempted transfer by you without our prior written consent or otherwise not in compliance with the terms of this Agreement will be void and will provide us with the right to elect either to default and terminate this Agreement or to collect from you and the guarantors a transfer fee equal to two times the transfer fee provided for in Section 12.C.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, any attempted transfer of the franchise without prior written consent from Aira Fitness, or if the transfer does not comply with the terms of the Franchise Agreement, will be considered void. This means the transfer will not be legally recognized.
In addition to the attempted transfer being void, Aira Fitness has the right to either terminate the Franchise Agreement due to the default or to demand a transfer fee from the franchisee and any guarantors. This transfer fee is equal to two times the standard transfer fee outlined in Section 12.C of the agreement.
This provision underscores the importance of obtaining proper consent and adhering to the outlined transfer conditions to avoid potential penalties or termination of the franchise agreement. Prospective franchisees should carefully review Section 12 of the Franchise Agreement to fully understand the requirements and implications of transferring their Aira Fitness franchise.