What is the deadline for an Aerus franchisee to apply for consent to transfer their franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
If Franchisee or any principal of Franchisee wishes to cause or effectuate a Transfer, the transferor and the proposed transferee must apply to Company for Company's consent not later than sixty (60) days prior to the anticipated closing date of the Transfer.
Franchisee will pay, at the time of the request for Transfer, a Transfer Fee as described in Schedule 3 to reimburse Company for Company's reasonable expenses associated with reviewing the application to Transfer.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, if a franchisee or any principal of the franchisee wishes to transfer any direct or indirect interest in the Franchise Agreement, the assets of the Franchised Business, or in the Franchisee, they must apply to Aerus for consent no later than sixty (60) days prior to the anticipated closing date of the transfer.
Along with the application, the franchisee must pay a transfer fee, as outlined in Schedule 3 of the agreement. This fee is intended to reimburse Aerus for the reasonable expenses it incurs while reviewing the transfer application.
This requirement allows Aerus to carefully vet potential new franchisees and ensure they meet the brand's standards before approving the transfer. Failing to meet the 60-day deadline could delay or jeopardize the transfer, so franchisees need to plan accordingly if they intend to sell their business.