Must the lease for the Aira Fitness Business premises be approved by Aira Fitness in writing?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Lease.
If you propose to occupy the Aira Fitness Business premises pursuant to a lease or sublease ("Lease"), the Lease may not prevent you from performing your obligations under this Agreement, and must permit us to exercise our rights pursuant to this Agreement.
The Lease must be approved by usin writing before it is executed by you and we may condition our approval of a proposed site on the full execution of a Lease Addendum substantially in the form attached as Attachment E to this Agreement.
You must provide us with a copy of the Lease and we have fifteen (15) days to accept or reject the site.
You must deliver to us a fully executed copy of the approved Lease as amended by the Lease Addendum within ten (10) days after its execution.
The parties acknowledge and agree that our approval of a Lease does not mean that the economic terms of the Lease are favorable; it means only that the Lease contains the lease terms that we require.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, if a franchisee proposes to occupy the Aira Fitness Business premises under a lease, Aira Fitness must approve the lease in writing before the franchisee executes it. Aira Fitness may also require a Lease Addendum. The franchisee must provide Aira Fitness with a copy of the lease, and Aira Fitness has fifteen days to either accept or reject the site. After execution, the franchisee must deliver a fully executed copy of the approved Lease, as amended by the Lease Addendum, to Aira Fitness within ten days.
This requirement ensures that the lease terms do not conflict with the franchisee's obligations under the Franchise Agreement and that Aira Fitness can exercise its rights under the agreement. However, Aira Fitness's approval of a lease does not indicate that the economic terms of the lease are favorable, only that the lease contains the terms Aira Fitness requires.
Additionally, upon the expiration or termination of the Franchise Agreement, Aira Fitness has the right, but not the obligation, to assume the tenant's interest in the lease. If Aira Fitness does not assume the lease upon its expiration or termination, the landlord must allow Aira Fitness to enter the premises to remove signs and other items identifying the premises as an Aira Fitness Business. This protects Aira Fitness's brand and system standards.
Furthermore, any modifications to the Lease Addendum must be made in writing and signed by all parties, including Aira Fitness. This ensures that Aira Fitness maintains control over any changes to the lease agreement that could affect the operation or brand standards of the Aira Fitness Business.