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According to the Aerus FDD, on which page can I find the Balance Sheets?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

We have audited the accompanying financial statements of Aerus Franchising, LLC (the "Company") (a Delaware limited liability company), which comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of income, members' equity, and cash flows for each of the three years in the period ended December 31, 2024, and the related notes to the financial statements.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024 in accordance with accounting principles generally accepted in the United States of America.

Source: Item 23 — Receipts (FDD pages 74–305)

What This Means (2025 FDD)

According to the 2025 Aerus Franchise Disclosure Document, the Independent Auditor's Report states that the financial statements of Aerus Franchising, LLC include balance sheets as of December 31, 2024, and 2023. However, the excerpt does not specify the exact page number where these balance sheets can be found within the FDD.

Item 23 includes an unaudited balance sheet as of March 31, 2025.

To locate the audited balance sheets, a prospective Aerus franchisee should review the full FDD document or directly contact Aerus to inquire about the specific page number containing the balance sheets as of December 31, 2024 and 2023.

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.