When receiving purchased equipment for an Aira Fitness franchise, what three things does the franchisee confirm on the delivery receipt?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
FRANCHISEE HEREBY CONFIRMS: (i) RECEIPT OF THE PURCHASED EQUIPMENT, (ii) THAT FRANCHISEE HAS HAD THE OPPORTUNITY TO INSPECT THE CONDITION OF THE PURCHASED EQUIPMENT, AND (iii) FRANCHISEE ACCEPTS THE CONDITION OF THE EQUIPMENT AS DELIVERED ON:
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, when franchisees receive purchased equipment, they must confirm three things on the delivery receipt. These confirmations are that the franchisee received the purchased equipment, had the opportunity to inspect the condition of the purchased equipment, and accepts the condition of the equipment as delivered.
This requirement ensures that the franchisee acknowledges receipt of the equipment and has had the chance to assess its condition upon arrival. By signing the delivery receipt, the franchisee indicates their acceptance of the equipment's condition at the time of delivery.
It is important for prospective Aira Fitness franchisees to carefully inspect all equipment upon arrival and document any discrepancies or damage before signing the delivery receipt. This protects the franchisee in case of any issues with the equipment's condition, as the signed receipt serves as confirmation of its state upon delivery.