How many Aerus franchise transfers occurred in New York during 2024?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| New York | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 61–73)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, there was one franchise transfer in New York during 2024. This information is based on the table titled "TRANSFERS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024" within Item 20 of the FDD. This table provides a state-by-state breakdown of franchise transfers over the past three years.
For a prospective Aerus franchisee, understanding the number of transfers can provide insights into the stability and desirability of existing franchises. A higher number of transfers might indicate franchisees are choosing to sell their businesses, which could be due to various factors such as profitability, market conditions, or personal reasons. Conversely, a low number of transfers, as is the case for New York in 2022 and 2023, could suggest that franchisees are generally satisfied with their investment and business operations.
It's important to note that a single transfer doesn't necessarily indicate a problem. Transfers can occur for many reasons, including retirement, relocation, or a change in career goals. However, a prospective franchisee should investigate further to understand the reasons behind any transfers in their target area. This could involve speaking with current and former franchisees, as well as conducting thorough market research.
Overall, the transfer data provides a valuable piece of information for potential Aerus franchisees to consider as part of their due diligence process. While one transfer in New York during 2024 is relatively low, further investigation into the specific circumstances surrounding the transfer is advisable to gain a comprehensive understanding of the franchise opportunity.