factual

What must Aerus franchisees include in any premises lease covering any Approved Location?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

The Franchised Business will be operated out of and from one or more Approved Locations and from no other physical location, except as may be permitted by us in writing, and you must cause any premises lease covering any Approved Location to include a Lease Rider in the form attached to the Franchise Agreement and included in Exhibit 2(a) or Exhibit 2(b) of this Disclosure Document.

Source: Item 12 — Territory (FDD pages 43–47)

What This Means (2025 FDD)

According to Aerus's 2025 Franchise Disclosure Document, franchisees must include a specific Lease Rider in any premises lease covering an Approved Location. This Lease Rider is a standardized form that Aerus requires to be attached to the lease agreement. The specific form of the Lease Rider is included in Exhibit 2(a) or Exhibit 2(b) of the Disclosure Document.

This requirement ensures that Aerus has certain protections and rights related to the franchisee's location. The Lease Rider likely contains clauses that protect Aerus's interests in the event of a franchisee default, termination of the franchise agreement, or other circumstances that could affect the premises. It also allows Aerus to maintain some control over the location, ensuring it meets their standards and requirements.

Prospective franchisees should carefully review the Lease Rider (Exhibit 2(a) or 2(b)) to understand its terms and conditions before signing a lease for an Approved Location. They should also consult with an attorney to ensure that the lease and Lease Rider are in their best interests and comply with local laws. This is a standard practice in franchising, as franchisors often require specific lease terms to protect their brand and ensure consistency across all locations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.