What is the name of the company leasing fitness equipment to Aira Fitness franchisees?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
(iii) FRANCHISEE ACCEPTS THE CONDITION OF THE EQUIPMENT AS DELIVERED ON:
| Date: | |--------------| | Franchisee: | | By: | | (Print Name) |
EXHIBIT 1 TO PURCHASE AGREEMENT
List of Initial Fitness Equipment
EXHIBIT G FITNESS EQUIPMENT LEASE
FITNESS EQUIPMENT LEASE AGREEMENT
| THIS LEASE | AGREEMENT (the "Agreement") is made on the day of, 20, | |
|---|---|---|
| (the "Effective Date") by and between Pure Gym Equipment LLC, an Illinois limited liability company | ||
| ("Franchisor's Affiliate") and, a, | ||
| (hereinafter called "You" or "Franchisee") for the lease | of Fitness Equipment for Franchisee's Aira Fitness | |
| franchise business located at ("Business Premises"). | ||
| WITNESSETH | ||
| WHEREAS, Franchisee | and Franchisor's | |
| owns and operates an Aira Fitness franchise business | ||
| Affiliate | ||
| is in the business of leasing and selling fitness equipment to Aira Fitness franchisees; | ||
| WHEREAS, Franchisor's Affiliatedesires to provide for Franchisee's equipment needs as they | ||
| arise from time to time by supplying it equipment. | ||
| WHEREAS, Franchisee is leasing from Franchisor's Affiliate and Franchisor's Affiliate is | ||
| leasing to Franchisee the equipment listed on Schedule 1 to this Agreement on the terms | ||
| described in this Agreement. | ||
| NOW THEREFORE, intending to be legally bound, the parties agree as follows: | ||
| 1. | Basic Lease Terms. |
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, fitness equipment may be leased to franchisees by Pure Gym Equipment LLC, an Illinois limited liability company which is identified as the "Franchisor's Affiliate".
Pure Gym Equipment LLC is in the business of leasing and selling fitness equipment to Aira Fitness franchisees. The agreement between Pure Gym Equipment LLC and the franchisee is for the lease of fitness equipment for the franchisee's Aira Fitness business located at the business premises.
The address for Pure Gym Equipment LLC for notices is 600 Rt. 59, Ingleside, IL 60041, and the contact person is Mike Bell. A copy of all notices should also be sent to Huck Bouma PC at 1755 S. Naperville Rd., Ste. 200, Wheaton, IL 60189, to the attention of Alissa Carter Verson. This arrangement ensures that both the equipment lessor and their legal counsel receive important communications regarding the lease agreement.