factual

What is required to validly amend the terms of the landlord addendum for an Aira Fitness franchise?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

  1. Modification. No amendment or variation of the terms of this Addendum is valid unless made in writing and signed by the parties and the parties have obtained Aira Fitness's written consent.

Source: Item 23 — **RECEIPTS (FDD pages 59–254)

What This Means (2025 FDD)

According to Aira Fitness's 2025 Franchise Disclosure Document, any changes to the landlord addendum must be documented in writing. For an amendment or variation of the terms to be considered valid, all parties involved, including the landlord, tenant (franchisee), and Aira Fitness, must sign the written agreement. Additionally, Aira Fitness must provide its written consent to the changes.

This requirement ensures that Aira Fitness maintains control over the terms of the lease agreement, which is crucial for protecting its brand and ensuring consistency across all franchise locations. By requiring written consent, Aira Fitness can review and approve any proposed changes to ensure they align with the company's standards and legal requirements.

For a prospective Aira Fitness franchisee, this means that any negotiation with the landlord regarding the lease terms must ultimately be approved by Aira Fitness. This may add an extra layer to the negotiation process, but it also provides the franchisee with the assurance that the lease terms are acceptable to the franchisor and are in line with the overall franchise agreement. Franchisees should factor in the time it may take to obtain Aira Fitness's written consent when negotiating lease terms with a landlord.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.