How many Aerus outlets in Ontario ceased operations for reasons other than termination, non-renewal, or franchisor requirement 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
Source: Item 20 — Outlets and Franchisee Information (FDD pages 61–73)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, in 2022, one Aerus outlet in Ontario ceased operations for reasons other than termination, non-renewal, or franchisor requirement. At the start of 2022, there were 15 outlets, and by the end of the year, there were 14.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Aerus franchises in specific regions. Understanding the reasons behind outlet closures can help a prospective franchisee evaluate the risks and opportunities associated with investing in an Aerus franchise in Ontario.
It's important to note that 'ceased operations for other reasons' can encompass a variety of factors, such as the franchisee's personal circumstances, financial difficulties, or failure to meet performance standards. A closer look into why the outlet closed could be beneficial for a potential franchisee.