Where can I find the amount of the 'Application Fee' for an Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
- E. "Application Fee" means the fee, in an amount specified in Schedule 3 attached hereto, paid to Company by any person or entity applying to become an Aerus franchisee.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the definition of 'Application Fee' can be found in Addendum A, which is attached to the agreement. The document states that the amount of the Application Fee is specified in Schedule 3. Therefore, to find the exact amount of the Application Fee, a prospective franchisee should refer to Schedule 3 of the Franchise Agreement.
Schedule 3 is a crucial part of the franchise agreement as it outlines the specific amounts for various fees that a franchisee will be required to pay. These fees can include not only the Application Fee but also other costs such as the Initial Franchise Fee, Administration and Technical Support Fee, Minimum Local Advertising Expense, New Location Fee, and Location Closure Fee. Each of these fees plays a different role in the franchise operation and covers various aspects of the support and services provided by Aerus.
It is important for potential Aerus franchisees to carefully review Schedule 3 to understand the full financial commitment involved in opening and operating a franchise. Understanding these fees upfront helps in financial planning and ensures that the franchisee is aware of all costs associated with the franchise. Since the Application Fee is non-refundable, it's essential to be fully informed before applying.