Where can I find the specific amount of the 'Initial Franchise Fee' for an Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
material effect upon the ongoing operation of the Franchised Business required under this Agreement.
Company may, from time to time, authorize certain other items to be excluded from Gross Sales. Any such permission may be revoked or withdrawn at any time in writing by Company at its option.
- Y. "Initial Franchise Fee" means the fee payable by Franchisee to Company upon execution of this Agreement in an amount specified in Schedule 3, attached hereto.
- Z. "Initial Term" has the meaning assigned in Section 2.
- AA. "Licensed Outlet" has the meaning assigned in Section 1.C.
- BB. "Location Closure Fee" means a fee due by Franchisee with any closing of an Aerus Business whether directly or indirectly made, attempted or completed in an amount specified in Schedule 3, attached hereto.
- CC.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the specific amount of the Initial Franchise Fee is not explicitly stated within the provided excerpts. However, the FDD indicates that the Initial Franchise Fee is payable by the franchisee to Aerus upon the execution of the Franchise Agreement. The exact amount of this fee is detailed in Schedule 3 of the Franchise Agreement.
Schedule 3 is also referenced for other fees, such as the Location Closure Fee, Minimum Local Advertising Expense, and New Location Fee. This suggests that Schedule 3 serves as a comprehensive list of all fees associated with the Aerus franchise.
Therefore, to determine the precise Initial Franchise Fee, a prospective franchisee should consult Schedule 3 of the Franchise Agreement. This schedule should provide a clear and unambiguous figure for the initial investment required to begin operating an Aerus franchise.