In the Aerus FDD Item 23 receipt, what information is associated with Franchise No. B?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit 2(b) – Franchise Agreement (Associate Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement
B. Subject to Company's prior approval, the Franchised Business shall be identified and operated by Franchisee only under the assumed name (the "Approved Name") "Aerus"
(including such qualifiers and descriptions as may be set or approved by Company from time to time so as to geographically or otherwise distinguish one franchise from another), including the hanging of an approved exterior sign bearing such trade name; provided, that Company shall be permitted at any time and from time to time after the date of this Agreement, upon written notice, to alter or change the assumed name under which the Franchised Business shall be identified and operated. Franchisee shall, at its expense, make all county and state assumed name filings required by law (including any filings made necessary by a change in required trade names pursuant hereto) and provide evidence of such filing to Company.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
Based on the 2025 Aerus Franchise Disclosure Document, Exhibit 2(b), which is listed on the receipt, pertains to the Franchise Agreement for the Associate Program, along with the Lease Rider, Software License Agreement, and Consigned Products Security Agreement. Additionally, under the grant of franchise rights, section B states that the Franchised Business should be identified and operated by Franchisee only under the assumed name "Aerus" including qualifiers and descriptions approved by Aerus to geographically distinguish one franchise from another. Aerus can change the assumed name with written notice, and the Franchisee is responsible for assumed name filings required by law, providing evidence of such filings to Aerus.
This means that if you are signing up for the Associate Program, you will receive the documents listed in Exhibit 2(b) with your FDD. The receipt confirms that you have been provided with these specific documents as part of the disclosure process. Furthermore, as an Aerus franchisee, you must operate under the name "Aerus" with any additional qualifiers that Aerus approves. This ensures consistent branding across all franchise locations while allowing for some local differentiation.
The franchisee bears the responsibility for all assumed name filings and must provide proof of these filings to Aerus. This ensures that the franchisee is legally operating under the approved name and that Aerus has a record of these filings for compliance purposes. It is important to note that Aerus retains the right to change the assumed name at any time with written notice, which could require the franchisee to update their assumed name filings accordingly.