Where can I find the minimum balance requirement for the designated bank account for my Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee shall at all times maintain in its designated bank account a minimum balance in the amount specified in the Manuals.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the specific minimum balance requirement for the designated bank account is not detailed within Item 23. However, Item 23 does state that Aerus may withdraw funds from the franchisee's designated bank account for payments and other amounts due.
The FDD indicates that franchisees are required to maintain a minimum balance in their designated bank account. The exact amount of this minimum balance is specified in the Aerus manuals.
Prospective Aerus franchisees should consult the operations manuals or contact Aerus directly to obtain the specific minimum balance required for their designated bank account. Understanding this requirement is crucial for managing cash flow and avoiding potential issues with electronic fund transfers.