How many Aerus outlets in North Carolina were terminated in 2022?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | | 2024 | 0 | | Newfoundland | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Nova Scotia | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Ontario | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Prince Edward Isl | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Quebec | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Saskatchewan | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Totals (US & 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
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 2 terminations of Aerus outlets in North Carolina during 2022. At the start of 2022, there were 10 outlets, and after 2 terminations, the year ended with 8 outlets.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Aerus franchises in North Carolina. Terminations can occur for various reasons, including franchisees not meeting performance standards, breaches of the franchise agreement, or voluntary closures. A high number of terminations could indicate underlying issues with the franchise system or market conditions in that specific state.
Prospective franchisees should investigate the reasons behind these terminations to assess the risks and opportunities associated with opening an Aerus franchise in North Carolina. Understanding the context of these terminations can help in making a more informed decision about investing in an Aerus franchise.