What is the requirement for the premises lease covering any Approved Location for an Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
The Franchised Business will be operated out of and from one or more Approved Locations and from no other physical location, except as may be permitted by us in writing, and you must cause any premises lease covering any Approved Location to include a Lease Rider in the form attached to the Franchise Agreement and included in Exhibit 2(a) or Exhibit 2(b) of this Disclosure Document.
Source: Item 12 — Territory (FDD pages 43–47)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the premises lease covering any Approved Location must include a Lease Rider. This Lease Rider must be in the form attached to the Franchise Agreement and included in Exhibit 2(a) or Exhibit 2(b) of the Disclosure Document.
This requirement ensures that Aerus has certain protections and rights related to the location of the franchise. The Lease Rider likely contains provisions that allow Aerus to step in and assume the lease under certain circumstances, such as if the franchisee defaults or terminates the agreement. This is a common practice in franchising to protect the brand and ensure continuity of operations.
Prospective franchisees should carefully review the Lease Rider (Exhibit 2(a) or 2(b)) to understand its terms and conditions. It is important to understand the implications of this rider before signing the lease and the Franchise Agreement. Franchisees should consult with an attorney to fully understand their obligations and rights under the lease and the Lease Rider.