What is the state of formation of Aerus Franchising, LLC, the Payee?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Aerus Franchising, LLC (the "Company" (a Delaware limited liability company), was formed on May 2, 2001 for the purpose of franchising certain former branch locations of Aerus, LLC. The Company is owned 99% by Aerus, LLC with the other 1% owned by members of Aerus, LLC management. The Company earns franchise fees and royalties through a network of approximately 171, 210, and 222 franchised locations as of December 31, 2024, 2023, and 2022, respectively, which sells products supplied primarily by Aerus, LLC.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, Aerus Franchising, LLC, also referred to as "the Company," is a Delaware limited liability company. It was formed on May 2, 2001, with the purpose of franchising certain former branch locations of Aerus, LLC.
Aerus Franchising, LLC is primarily owned by Aerus, LLC, holding 99% ownership, with the remaining 1% owned by members of Aerus, LLC management. The company generates revenue through franchise fees and royalties from a network of franchised locations. As of December 31, 2024, there were approximately 171 franchised locations, which sell products mainly supplied by Aerus, LLC.
Furthermore, a promissory note example within the FDD identifies "AERUS FRANCHISING, LLC, a Delaware limited liability company ('Payee')." This confirms that Aerus Franchising, LLC is legally established as a limited liability company in the state of Delaware. This information is relevant to potential franchisees as it clarifies the legal structure and formation of the company they would be franchising with.