How many Aerus outlets in Florida did not renew their franchise agreement in 2024?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Canada) | 2022 | 3 | | | 2023 | 5 | | | 2024 | 5 | TABLE 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024 (UNITED STATES)
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non-Rene wals | Required by Franchisor | Ceased Operations for Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 5 | 0 | 0 |
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 were two Aerus outlets in Florida that did not renew their franchise agreements in 2024. The table provided in Item 20 of the FDD details the changes in the number of outlets for each state over the past three years. In Florida, the number of outlets remained constant at seven in both 2022 and 2023. However, in 2024, the number of outlets decreased from seven to five, with two outlets listed as 'Non-Renewals'.
This information is crucial for potential Aerus franchisees as it provides insight into the stability and renewal rates of existing franchises. A high number of non-renewals could indicate issues with the franchise system, such as low profitability or lack of support from the franchisor. Conversely, a low number of non-renewals suggests that franchisees are generally satisfied with their investment and the ongoing relationship with Aerus.
Prospective franchisees should investigate the reasons behind non-renewals to fully understand the risks and opportunities associated with investing in an Aerus franchise. This could involve speaking with current and former franchisees, as well as directly addressing the matter with the franchisor to gain a comprehensive understanding of the factors influencing franchise agreement renewals.