factual

Where can I find the specific amount of the 'Relocation Fee' for an Aerus franchise?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 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. "Manuals" mean the confidential operations manuals, including the Policies and Procedures, and such other manuals and written materials (including electronically stored or communicated materials) that Company may develop or have developed for use in the operation of Aerus Businesses, including the Franchised Business (as the same may be revised by Company from time to time). The Manuals may contain mandatory and suggested specifications, standards and operating procedures that Company develops for the System and information relating to other obligations of Franchisee. Any required specifications, standards, and/or operating procedures exist to protect Company's interests in the System and the Marks and to create a uniform customer experience. They are not for the purpose of establishing any control or duty to take control over the day-to-day operational matters reserved to Franchisee.

    • DD. "Marks" has the meaning assigned in Recitals A and C.
  • EE. "Minimum Local Advertising Expense" means the amount expended each year by Franchisee on local advertising, public relations, and promotion in the Area of Responsibility and specified in Schedule 3, attached hereto.

  • FF. "Minimum Sales Requirements" mean the requirements and minimum sales quantities more specifically described on Schedule 4, attached hereto.

  • GG. "New Location Fee" means a fee due by Franchisee with any opening or acquisition of an Aerus Business whether directly or indirectly made, attempted or completed in an amount specified in Schedule 3, attached hereto.

Source: Item 23 — Receipts (FDD pages 74–305)

What This Means (2025 FDD)

The 2025 Aerus Franchise Disclosure Document does not explicitly list a 'Relocation Fee.' However, it does refer to several fees that are detailed within 'Schedule 3'.

Specifically, the document mentions an 'Initial Franchise Fee', 'Location Closure Fee', 'Minimum Local Advertising Expense', and 'New Location Fee' as fees that have amounts specified in Schedule 3. Additionally, the 'Administration and Technical Support Fee' and 'Application Fee' are also defined as amounts specified in Schedule 3.

Since a 'Relocation Fee' is not mentioned, it is important for a prospective franchisee to ask Aerus directly whether such a fee exists, under what circumstances it is charged, and the specific amount. This information would likely be crucial in evaluating the overall cost of opening and operating an Aerus franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.