Where can I find the specific amount of the 'Location Closure Fee' for an Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
ew Location Fee One Hundred Dollars ($100), payable with Franchisee's request to open or acquire an additional Ap
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the Location Closure Fee is detailed in Schedule 3, which outlines various fees and deposits. Specifically, item 9 of Schedule 3 states that the Location Closure Fee is One Hundred Dollars ($100). This fee is payable when a franchisee requests to close an Approved Location.
This means that if an Aerus franchisee decides to close one of their approved business locations, they will be required to pay Aerus a $100 Location Closure Fee. This fee is relatively small compared to other potential costs associated with closing a business, such as lease termination fees or inventory disposal costs. It is important for prospective franchisees to factor this fee into their financial planning, especially if they anticipate the possibility of needing to close a location in the future.
It's worth noting that the FDD also mentions other fees related to location management, such as a New Location Fee of $100 for opening or acquiring an additional Approved Location and a Relocation Fee of $100 for relocating an Approved Location. These fees, including the Location Closure Fee, are relatively modest and likely intended to cover Aerus's administrative costs associated with processing these requests. Franchisees should review Schedule 3 carefully to understand all the fees they may be responsible for during the term of their franchise agreement.