What exhibit number contains the audited financial statements for Aerus?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Aerus Franchising, LLC authorizes the respective state agencies identified on Exhibit 5 to receive service of process for it in the particular state.
I received a franchise disclosure document dated May 15, 2025 that included the following exhibits:
State Addenda (California, Illinois, Maryland, Minnesota, New York, North Dakota, South Dakota, Virginia, Washington, Wisconsin)
Exhibit 1 – Financial Statements
Exhibit 2(a) – Franchise Agreement (Standard Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement
Exhibit 2(b) – Franchise Agreement (Associate Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement
Exhibit 2(c) – Beyond Addendum
Exhibit 3 – Secured Promissory Note, Security Agreement and Guaranty
Exhibit 4 – List of State Administrators
Exhibit 5 – List of Agents for Service of Process
Exhibit 6 – List of Aerus Businesses and List of Aerus Businesses Who Have Left the System
Exhibit 7 – Commitment Letter
Exhibit 8 – Manual Table of Contents
PROSPECTIVE FRANCHISEE:
Source: Item 21 — Financial Statements (FDD pages 73–74)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the audited financial statements are included in Exhibit 1. This exhibit is part of the documents the prospective franchisee receives. It is important for potential franchisees to carefully review these statements to understand the financial health and performance of Aerus. Understanding the franchisor's financial stability can help franchisees assess the risks and potential rewards associated with investing in an Aerus franchise.
Exhibit 1, which contains Aerus's financial statements, is listed among other exhibits such as the Franchise Agreement (Standard Program), Franchise Agreement (Associate Program), Beyond Addendum, Secured Promissory Note, List of State Administrators, List of Agents for Service of Process, List of Aerus Businesses Who Have Left the System, Commitment Letter, and the Manual Table of Contents. This comprehensive list ensures that prospective franchisees are aware of all the critical documents included in the disclosure.
Prospective franchisees should pay close attention to the financial statements, as they provide insights into Aerus's revenues, expenses, assets, and liabilities. Reviewing these statements can help potential franchisees make informed decisions about whether to invest in an Aerus franchise. Additionally, comparing the financial statements over several years can reveal trends and patterns that may be relevant to the franchisee's investment decision.