What is the initial franchise fee for an Aerus franchise, and when is it due?
Aerus Franchise · 2025 FDDAnswer 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.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the initial franchise fee is determined by Schedule 3 of the franchise agreement and is payable upon the execution of the agreement. Schedule 3 is not included in the provided excerpts.
It is common practice in the franchise industry for the initial franchise fee to cover the franchisor's costs for training, site selection assistance, and other pre-opening support. The fee also grants the franchisee the right to use the Aerus brand's trademarks and operating system.
Without Schedule 3, prospective franchisees should ask Aerus for a copy to understand the exact initial franchise fee amount. They should also inquire about what this fee covers, the payment schedule, and if any portions of the fee are refundable under certain conditions. Understanding these details is crucial for budgeting and financial planning before entering into a franchise agreement with Aerus.