What options does Aira Fitness have regarding the franchise agreement during renewal?

According to the 2025 Aira Fitness Franchise Disclosure Document, Aira Fitness has options regarding the franchise agreement during renewal. Specifically, Aira Fitness has the option to offer either its then-current form of franchise agreement, which may have materially different terms and conditions, including different fees, advertising obligations, and a modified Designated Area, or a document extending all the covenants, conditions, and provisions of the existing agreement for the renewal term.

This means that when a franchisee's initial term is ending, Aira Fitness can choose whether to renew the agreement under the terms of a new franchise agreement or simply extend the existing agreement. The new agreement could include changes to fees, advertising requirements, or the franchisee's designated area, which could significantly impact the franchisee's business operations and profitability.

For a prospective franchisee, this highlights the importance of understanding that the terms of the franchise agreement can change upon renewal. It is crucial to carefully review any new franchise agreement offered by Aira Fitness and to consider how the changes might affect the business. Franchisees should also be prepared to negotiate the terms of the renewal agreement to protect their interests. Furthermore, the franchisee must provide written notice of their decision to renew at least six months, but not more than 12 months, prior to the end of the expiring term.