When is the Closure Fee due for an Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type Of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Closure Fee | $100 | Upon notification by you of your request to close a location. | This fee is payable for any closed location under your franchise. |
Source: Item 6 — Other Fees (FDD pages 20–27)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the Closure Fee is due upon notification by you of your request to close a location. The fee is $100 and is payable for any closed location under your franchise. This means that if you decide to shut down one of your Aerus franchise locations, you must inform Aerus of your decision, and you will then be required to pay the $100 Closure Fee.
This fee is relatively small compared to other potential costs associated with closing a business, such as lease termination fees, outstanding debts, and liquidation of assets. However, it's an important detail to consider when evaluating the overall financial implications of operating an Aerus franchise. Franchisees should factor this fee into their financial planning, especially if they anticipate the possibility of needing to close a location at some point during the franchise term.
It is common for franchisors to charge closure fees to cover administrative costs and ensure proper procedures are followed when a franchisee ceases operations. The fee helps Aerus manage the transition and protect the brand's reputation. Franchisees should be aware of all fees associated with both opening and closing a location to make informed business decisions.