What is the deadline for an Aerus franchisee to provide written notice of their desire to renew their franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
| Category | Section in Agreement | Summary |
|---|---|---|
| a. Length of the term | Section 2 and Schedule 1 | As defined in Schedule 1. Initial term is equal to 1 year. |
| b. Renewal or extension of the term | Section 2 and Schedule 1 | If we are then offering new franchise rights for the establishment of Aerus Businesses in the State where the franchise subject to renewal is located and you satisfy the requirements for renewal, you may renew for an additional one (1) year renewal term. |
| c. Requirements for franchisee to renew or extend | Section 2 | Provided we are then offering new franchise rights for the establishment of Aerus Businesses in the State where the franchise subject to renewal is located, you may renew subject to the following conditions: (1) you give us written notice of your desire to renew 30 days before expiration of the initial term; (2) there is no uncured default at the time of renewal; (3) you have achieved at least $10,000 in monthly Gross Sales during each of the prior six months; (4) you execute our then-current form of franchise agreement (which may contain materially different terms and conditions than your original Franchise Agreement); (5) you pay a $100 renewal fee; and (6) you, your principals, and your guarantors sign a general release in favor of us and our affiliates. |
| d. Termination by Franchisee | Section 15 | Must give us 30 days' notice and opportunity to cure any breach of the Franchise Agreement. Your sole remedy will be to terminate the Franchise Agreement (subject to applicable state law). |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 56–60)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, an Aerus franchisee must provide written notice of their desire to renew their franchise 30 days before the expiration of the initial franchise term. The initial term for an Aerus franchise is one year, as defined in Schedule 1 of the Franchise Agreement. Therefore, the franchisee must notify Aerus in writing at least 30 days prior to the end of that first year if they wish to renew.
In addition to providing timely written notice, the franchisee must meet several other conditions to be eligible for renewal. These conditions include ensuring there is no uncured default at the time of renewal, achieving at least $10,000 in monthly Gross Sales during each of the prior six months, executing Aerus's then-current form of franchise agreement, paying a $100 renewal fee, and signing a general release in favor of Aerus and its affiliates.
It is important to note that the new franchise agreement may contain materially different terms and conditions than the original Franchise Agreement. This means that while a franchisee may be eligible for renewal, they may have to agree to new terms that could impact their business operations and profitability. Prospective franchisees should carefully consider these renewal requirements and the potential for changes in the franchise agreement when evaluating the Aerus franchise opportunity.