factual

What must be submitted along with a description of the proposed site for an Aira Fitness Center?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

notwithstanding any provision to the contrary contained in any Franchise Agreement. However, we will credit Six Thousand Dollars ($6,000.00) of the Development Fee against the Initial Franchise Fee for each additional Franchise Agreement for a Aira Fitness Center executed pursuant to, and in accordance with, this Development Agreement.
Pursuant to the above paragraph and the Development Schedule, the Development Fee under this
Agreement is Dollars ($).
2.3
A separate Franchise Agreement shall be executed for each additional Aira Fitness Center.
Upon the execution of each Franchise Agreement, the terms and conditions of such Franchise Agreement
shall control the establishment and operation of such Aira Fitness Center.
3.
DEVELOPMENT OBLIGATIONS
3.1
The terms and conditions of this Agreement are contingent upon you being in full compliance
with the Development Schedule.
In addition, you must at all times after the opening of each Aira Fitness
Center
continuously maintain in operation pursuant to each Franchise Agreement at least the number of Aira
Fitness Centers set forth in the Development Schedule, and your Owners must at all times own a majority
control over the entity that owns each Aira Fitness
franchise developed hereunder. You may develop and
open any Aira Fitness Center
earlier than the date set forth in the Development Schedule as long as you do so
in compliance with this Agreement and the applicable Franchise Agreement.
3.2
You must develop each Aira Fitness Center
in the following manner:
(a)
By giving us written notice of your intention to begin development of the next Aira
Fitness Center
at least thirty (30) days before the execution of the F

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

What This Means (2025 FDD)

According to Aira Fitness's 2025 Franchise Disclosure Document, a prospective developer must submit a letter of intent, in a form approved by the franchisor, or other evidence satisfactory to the franchisor, which confirms favorable prospects for obtaining the proposed site, along with a description of the proposed site when beginning development of the next Aira Fitness center. This submission must occur at least thirty (30) days before the execution of the Franchise Agreement for the applicable center.

This requirement ensures that Aira Fitness maintains control over site selection and can assess the viability of each proposed location before a franchise agreement is finalized. The letter of intent or other evidence serves as an initial indication of the franchisee's ability to secure the site, which is a critical step in the development process.

For a prospective Aira Fitness franchisee, this means that identifying a suitable location and gathering the necessary documentation to demonstrate the likelihood of securing the site are crucial early steps. The franchisee should work closely with Aira Fitness to ensure that the letter of intent or other evidence meets the franchisor's standards and adequately confirms the prospects for obtaining the site. Failing to provide adequate documentation or securing site approval could delay or prevent the development of the Aira Fitness center.

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.