What fee must be paid to Aerus when requesting a transfer of interest?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
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 the 2025 Aerus Franchise Disclosure Document, if a franchisee wishes to transfer their interest in the franchise, they must pay a transfer fee at the time of the request. This fee is detailed in Schedule 3 of the agreement and is intended to reimburse Aerus for the reasonable expenses it incurs while reviewing the transfer application.
This means that before Aerus will consider a transfer, the franchisee must submit the required transfer fee along with their application. The specific amount of this fee is not provided in this excerpt, but it is important to note that the fee covers Aerus's costs to evaluate the proposed transfer.
Prospective franchisees should carefully review Schedule 3 of the Franchise Agreement to understand the exact amount of the transfer fee and budget accordingly if they anticipate selling their franchise in the future. It is also important to understand what 'reasonable expenses' are covered by the fee. A prospective franchisee should contact Aerus directly to obtain a copy of Schedule 3 and clarify any questions regarding the transfer fee and the transfer process.