What does the term 'You' refer to when purchasing an Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
"You" means the individual, corporation, partnership, limited liability company or other business entity who purchases the franchise. Except for sole proprietorships, the term "You" does not include a business entity's owners.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–15)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the term 'You' refers to the entity that purchases the franchise. This can be an individual, a corporation, a partnership, a limited liability company, or another type of business entity.
However, there is an exception: if the franchise is purchased by a business entity that is not a sole proprietorship, the term 'You' does not include the owners of that business entity. This distinction is important because the rights and obligations outlined in the Franchise Agreement apply specifically to the entity that is the franchisee, not necessarily to the individuals who own or control that entity.
For prospective Aerus franchisees, this definition clarifies who is legally bound by the terms of the franchise agreement. If you are setting up a corporation or LLC to operate the franchise, the business itself is 'You,' not you personally (unless you are a sole proprietor). This has implications for liability, contract enforcement, and other legal matters related to the franchise.