If Aira Fitness is required to include a state-specific addendum to the Franchise Disclosure Document, where will it be located within the document?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Some administrators of franchise registration states may require us to include an addendum to the Aira Fitness Franchise Disclosure Document describing certain state laws or regulations which may supersede the Franchise Disclosure Document. If you are in a registration state which requires an addendum to the Franchise Disclosure Document, it will follow this page.
Source: Item 17 — **RENEWAL, TERMINATION,TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 48–54)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, if a state requires a specific addendum, it will be located in Exhibit J, following the page that indicates the addendum's presence. This is because some franchise registration states mandate that Aira Fitness include an addendum to the Franchise Disclosure Document. This addendum will describe specific state laws or regulations that may supersede the general Franchise Disclosure Document.
For a prospective franchisee, this means that if you are located in a franchise registration state, you should carefully review Exhibit J of the FDD to understand any state-specific modifications to the standard franchise agreement. These modifications could cover a variety of aspects, such as termination conditions, non-renewal rights, governing law, or financial assurance requirements.
The FDD includes specific addenda for Hawaii, Illinois, New York, Rhode Island, and Virginia as examples. These addenda address issues such as conditions for termination, rights upon nonrenewal, governing law, and deferral of initial franchise fees. Therefore, it is crucial to check for your state's addendum to fully understand your rights and obligations as an Aira Fitness franchisee in your specific location.