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What was the balance for Aerus as of December 31, 2021?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

ersal of credit losses | (107,221) | (63,536) | | | Write-offs | | - | - | | Recoveries | $(677,266) | - $(570,045) | - | | Ending balance | | | |## Statements of Members' Equity Years Ended December 31, 2024, 2023, and 2022

| BALANCE, December 31, 2021 | $ 2,686,230 | |-------------------------

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

What This Means (2025 FDD)

According to Aerus's 2025 Franchise Disclosure Document, the balance as of December 31, 2021, was $2,686,230. This figure represents the company's financial standing at the close of that year. The document also provides subsequent balances for December 31, 2022, December 31, 2023 and December 31, 2024, along with the net income for those years, offering a view of the company's financial performance over time.

For a prospective franchisee, understanding these figures is crucial for assessing the financial health and stability of Aerus. Reviewing the balance sheet data, along with the net income, can provide insights into the company's profitability and growth trajectory. This information can help potential franchisees evaluate the overall risk and potential return on investment associated with opening an Aerus franchise.

It's important to note that these figures are part of the broader financial statements, which include various notes and disclosures. These notes, such as those regarding accounting policies, related party transactions, and estimates, provide additional context and detail about the figures presented. A thorough review of the entire financial section of the FDD is recommended to gain a comprehensive understanding of Aerus's financial position.

Furthermore, the FDD includes an independent auditor's report, which offers an opinion on the fairness of the financial statements. This report can provide additional assurance regarding the reliability of the financial information presented. Prospective franchisees should consider the auditor's opinion and any qualifications or disclaimers included in the report when evaluating the financial health of Aerus.

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.