Where can I find the Commitment Letter related to the Aerus franchise opportunity in the Franchise Disclosure Document?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
th Deposit and Initial Franchise Fee
We may require that you pay us a good faith deposit of $100, together with delivering to us a commitment letter, a sample of which is attached as Exhibit 7 to this Disclosure Document, before we will send an execution copy of the Franchise Agreement to you. The requirement of the $100 good faith deposit is dependent upon information disclosed to us in your application, such as work history, credit worthiness, previous franchise experience, references and/or previous work history with us or other Aerus franchisees. If we require the good faith deposit, it will be applied to the initial franchise fee and is only refundable if we choose not to enter into the Franchise Agreement with you. You must pay us the following non-refundable initial franchise fee at the time you sign
a Franchise Agreement, which will vary depending on the type of Fra
Source: Item 22 — Contracts (FDD page 74)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, a sample commitment letter is included as Exhibit 7. This is referenced in Item 5, which discusses the Good Faith Deposit and Initial Franchise Fee. Aerus may require a good faith deposit of $100 along with the commitment letter before sending an execution copy of the Franchise Agreement.
The requirement for the $100 good faith deposit depends on information disclosed in the franchise application, such as work history, creditworthiness, previous franchise experience, references, or previous work history with Aerus or other Aerus franchisees. If required, the good faith deposit will be applied to the initial franchise fee and is only refundable if Aerus chooses not to enter into the Franchise Agreement.
This commitment letter expresses interest in becoming an Aerus Franchisee and, if applicable, acquiring the business assets of an existing Aerus business location. The letter also states that the prospective franchisee has completed their independent research of the Aerus Franchising opportunity and would like to be considered for the awarding of an Aerus Franchise.
The commitment letter also clarifies that it does not obligate the applicant to become a franchisee, nor does it obligate Aerus to grant a franchise. It simply represents the applicant's commitment to becoming a franchisee upon the execution and acceptance of all necessary documents and the satisfaction of all other conditions.