In the Aerus franchise agreement receipt, what information is required regarding the franchisee?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Please sign and date this copy of the receipt page, print your name and return it to Aerus Franchising, LLC, Attention: Legal Department, 14841 Dallas Parkway, Suite 500, Dallas, Texas 75254.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the receipt page that the franchisee must sign and return requires the franchisee to print their name, sign, and date the copy. This signed receipt is then sent back to Aerus Franchising, LLC, specifically to the Legal Department at their Dallas, Texas address. This process confirms that the franchisee has received the disclosure document.
This receipt serves as an acknowledgment that Aerus provided the FDD to the prospective franchisee, which is a crucial step in complying with federal and state franchise laws. These laws mandate that franchisors provide the FDD at least 14 calendar days before the franchisee signs a binding agreement or makes any payment related to the franchise. Some states, like Iowa, New York, and Michigan, have specific timelines related to the first personal meeting or execution of the agreement.
By signing and returning the receipt, the franchisee verifies they received the FDD, which contains important information about the Aerus franchise opportunity. This includes details about the franchise agreement, fees, obligations, and other relevant aspects of the business. The receipt helps protect both the franchisor and franchisee by documenting that the required disclosures were made in a timely manner. If Aerus fails to deliver the FDD on time or if it contains false or misleading information, it could be a violation of federal and state law, which should be reported to the Federal Trade Commission and the appropriate state agency.