Does the Aerus Franchise Agreement (Associate Program) in Exhibit 2(b) include a Lease Rider?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
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
Source: Item 22 — Contracts (FDD page 74)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, Exhibit 2(b), which pertains to the Franchise Agreement (Associate Program), includes a Lease Rider. This means that the agreement package for the Associate Program contains a standard lease rider form.
Specifically, franchisees operating under either the Standard or Associate Program are required to include a lease rider, which must be substantially similar to the form provided as Exhibit I, in any premises lease covering their Approved Location. This Lease Rider is designed to be attached to the lease agreement between the tenant (the franchisee) and the landlord.
The purpose of the Lease Rider is to protect Aerus's interests by ensuring that the lease terms align with the franchise agreement. It also outlines conditions under which the franchisee operates the Aerus business at the specified location. Prospective franchisees should carefully review Exhibit I and understand the implications of the Lease Rider before signing a lease for their Aerus business location.