factual

What is the purpose of the Aerus Receipt for Disclosure Document?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

e Left the System

Exhibit 7 – Commitment Letter

Exhibit 8 – Manual Table of Contents

PROSPECTIVE FRANCHISEE:

If a corporation or other business entity: If an individual:
(Name of Entity) (Signature)
By: (Printed Name)
(Signature)
By: (Date)
(Print Name)
By:
(Date)

Please sign and date this copy of the receipt page, print your name and return it to Aerus Franchising, LLC, Attention: Legal Department, 14841 Dallas Parkway, Suite 500, Dallas, Texas 75254.

(RETAIN FOR YOUR FILES)

RECEIPT PAGE (Aerus' Copy)

This Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this disclosure document and all agreements carefully.

If Aerus Franchising, LLC offers You a franchise, it must provide this Disclosure Document to You 14 calendar days before You sign a binding agreement or make a payment with the Franchisor or an affiliate in connection with the proposed franchise sale or grant.

Iowa and New York require that we give you this disclosure document at the earlier of the first personal meeting or 10 business days (or 14 calendar days in Iowa) before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.

Michigan requires that we give you this disclosure document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.

If Aerus Franchising, LLC does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC 20580 and the appropriate state agency listed in Exhibit 4.

The franchisor is Aerus Franchising, LLC located at 14841 Dallas Parkway, Suite 500, Dallas, TX 75254. Its telephone number is (800) 572-0321.

Issuance Date: May 15, 2025

The franchise seller for this offering is:

Kevin Hickey, President, 14841 Dallas Parkway, Suite 500, Dallas, TX 75254,
214-378-4000
Jason Johnson, VP Sales Operations, 1300 Valley Drive, Bristol, VA 24201, 276-645-2600

Aerus Franchising, LLC authorizes the respective state agencies identified on Exhibit 5 to receive service of process for it in the particular state.

I received a franchise disclosure document dated May 15, 2025 that included the following exhibits:

State Addenda (California, Illinois, Maryland, Minnesota, New York, North Dakota, South Dakota, Virginia, Washington, Wisconsin)

Exhibit 1 – Financial Statements

Exhibit 2(a) – Franchise Agreement (Standard Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement

Exhibit 2(b) – Franchise Agreement (Associate Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement

Exhibit 2(c) – Beyond Addendum

Exhibit 3 – Secured Promissory Note, Security Agreement and Guaranty

Exhibit 4 – List of State Administrators

Exhibit 5 – List of Agents for Service of Process

Exhibit 6 – List of Aerus Businesses and List of Aerus Businesses Who Have Left the System

Exhibit 7 – Commitment Letter

Exhibit 8 – Manual Table of Contents

PROSPECTIVE FRANCHISEE:

If a corporation or other business entity: If an individual:
(Name of Entity) (Signature)
By: (Signature) (Printed Name)
By: (Print Name) (Date)
By: (Date)

Please sign and date this copy of the receipt page, print your name and return it to Aerus Franchising, LLC, Attention: Legal Department, 14841 Dallas Parkway, Suite 500, Dallas, Texas 75254.

Source: Item 23 — Receipts (FDD pages 74–305)

What This Means (2025 FDD)

According to Aerus's 2025 Franchise Disclosure Document, the Receipt Page serves as an acknowledgment that the prospective franchisee has received the FDD. Aerus must provide the Disclosure Document to the prospective franchisee 14 calendar days before they sign a binding agreement or make any payment to Aerus or its affiliates related to the franchise. Certain states, like Iowa and New York, have specific requirements regarding the timing of the disclosure, mandating it be given at the earlier of the first personal meeting or 10 business days (14 calendar days in Iowa) before signing any agreement or making a payment. Michigan requires a 10 business day window before any binding agreement or payment.

The Receipt Page also outlines the prospective franchisee's rights and recourse if Aerus fails to deliver the Disclosure Document on time, or if the document contains false, misleading, or omits material information. In such cases, a violation of federal and state law may have occurred, and the prospective franchisee is advised to report it to the Federal Trade Commission and the appropriate state agency listed in Exhibit 4 of the FDD.

Both Aerus and the prospective franchisee retain a copy of the receipt. The franchisee signs and dates their copy and returns it to Aerus Franchising, LLC, Attention: Legal Department, 14841 Dallas Parkway, Suite 500, Dallas, Texas 75254. The receipt confirms that the franchisee received the FDD, which includes exhibits such as state addenda for certain states (California, Illinois, Maryland, Minnesota, New York, North Dakota, South Dakota, Virginia, Washington, Wisconsin), financial statements, franchise agreements, and lists of state administrators and agents for service of process.

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.