In the Aerus FDD Item 23 receipt, what information is associated with Franchise No. A?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.
RECEIPTS
RECEIPT PAGE (Your Copy)
This Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If Aerus Franchising, LLC offers You a franchise, it must provide this Disclosure Document to You 14 calendar days before You sign a binding agreement or make a payment with the Franchisor or an affiliate in connection with the proposed franchise sale or grant.
Iowa and New York require that we give you this disclosure document at the earlier of the first personal meeting or 10 business days (or 14 calendar days in Iowa) before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
Michigan requires that we give you this disclosure document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
If Aerus Franchising, LLC does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC 20580 and the appropriate state agency listed in Exhibit 4.
The franchisor is Aerus Franchising, LLC located at 14841 Dallas Parkway, Suite 500, Dallas, TX 75254. Its telephone number is (800) 572-0321.
Issuance Date: May 15, 2025
The franchise seller for this offering is:
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
Based on the 2025 Aerus Franchise Disclosure Document, Item 23 provides general information regarding the receipts page but does not include any specific details or references to a "Franchise No. A." The document emphasizes the importance of carefully reading the disclosure document and all agreements. It also outlines the legal requirements for providing the disclosure document to prospective franchisees, including the timelines required by Iowa, New York, and Michigan. The receipt serves as an acknowledgment that the franchisee has received the disclosure document. The document also provides contact information for Aerus Franchising, LLC, including their address and telephone number. The issuance date of the document is May 15, 2025.
Item 23 further explains the franchisee's obligations upon expiration or termination of the agreement, such as assigning leases, selling or leasing the business premises to the company, and cooperating with the company in transferring telephone numbers. It also requires the franchisee to return all company property, pay outstanding sums, deliver information and databases, and comply with non-competition covenants. These obligations are designed to protect Aerus's interests and ensure a smooth transition upon termination of the franchise agreement.
Prospective franchisees should note that the absence of specific details regarding "Franchise No. A" in Item 23 suggests that this information may be located elsewhere in the FDD or in a separate agreement. It is crucial to thoroughly review all sections of the FDD and related documents to understand the complete scope of the franchise agreement and any specific terms associated with a particular franchise number. Franchisees should also consult with Aerus directly to obtain clarification on any missing or unclear information.