Does the Aerus franchise agreement require a lease rider for premises leases covering an Approved Location?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
C. The Franchised Business shall be operated from the Approved Location and from no other physical location, except as may be permitted by Company in writing at its sole option. Franchisee shall cause any premises lease covering the Approved Location to include a lease rider in a form substantially similar to the form attached hereto as Exhibit I.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to the 2025 Aerus Franchise Disclosure Document, the franchise agreement requires franchisees to include a lease rider for any premises lease covering an Approved Location. Specifically, the franchisee must ensure that any lease for the Approved Location includes a lease rider that is substantially similar to the form provided as Exhibit I in the FDD.
This requirement ensures that Aerus has certain protections and rights related to the leased premises. The lease rider likely addresses issues such as the use of the premises for operating an Aerus business, the franchisor's rights in case of a franchisee default, and the ability of Aerus to maintain its brand presence at the location.
Exhibit I in the FDD provides a template of the lease rider, which includes recitals that acknowledge the Franchise Agreement between Aerus and the tenant (franchisee), the purpose of the lease for operating an Aerus business, and the requirement for the lease rider as a condition of Aerus's consent to the lease. The lease rider also includes an agreement section that outlines the specific terms and conditions agreed upon by the tenant, landlord, and Aerus. Franchisees should carefully review Exhibit I and ensure that their lease rider complies with the requirements outlined by Aerus.