What is the Aerus franchise renewal fee?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
signate in writing.
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- Term. Unless sooner terminated as provided herein, the duration of the initial term (the "Initial Term") and the renewal term (the "Renewal Term") will be as stated in Schedule 1 attached hereto, which, collectively, shall constitute the "Term" of this Agreement. Upon the expiration of the Initial Term, Franchisee may renew the franchise for one (1) Renewal Term, provided Company is then offering new franchise rights for the establishment of Aerus Businesses in the State where the franchise subject to renewal is located and provided Franchisee meets all of the following conditions: (1) Franchisee has no uncured Event of Default under the Agreement at the time of renewal; (2) Franchisee gives Company written notice of Franchisee's desire to renew at least thirty (30) days prior to the end of the Initial Term; (3) Franchisee has achieved ten thousand dollars ($10,000) or more in Gross Sales each month during the prior six (6) months; (4) Franchisee executes Company's then-current form of franchise agreement, which, upon execution, will supersede this Agreement and which may differ from the terms of this Agreement, including, without limitation, the payment of higher or additional fees and revised Minimum Sales Requirements; (5) Franchisee pays Company a renewal fee of one hundred dollars ($100) (in lie
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to the 2025 Aerus Franchise Disclosure Document, a franchisee can renew their franchise for one additional term if they meet specific conditions. One of these conditions is paying a renewal fee. The renewal fee for an Aerus franchise is $100. This fee is paid instead of the initial franchise fee.
To be eligible for renewal, Aerus requires that the company is offering new franchise rights in the state where the franchise is located. The franchisee must not have any unresolved defaults under the existing agreement at the time of renewal.
Additionally, the franchisee must provide written notice of their intent to renew at least 30 days before the initial term expires. They also need to have achieved gross sales of $10,000 or more each month for the six months before renewal. The franchisee will need to execute the then-current form of the franchise agreement, which may include different terms, higher fees, and revised minimum sales requirements. Finally, the franchisee and its principals must sign a general release of claims against Aerus.