What is the 'Location Closure Fee' for an Aerus business, and when is it due?

According to Aerus's 2025 Franchise Disclosure Document, a 'Location Closure Fee' is required if a franchisee closes an Aerus business. The amount of this fee is specified in Schedule 3 of the franchise agreement. This fee is due upon any closing of an Aerus Business whether directly or indirectly made, attempted or completed.

For a prospective Aerus franchisee, this means that closing a location will incur an additional cost, the exact amount of which is detailed in Schedule 3. It is important to review Schedule 3 carefully to understand the financial implications of closing an Aerus business location. This fee likely covers Aerus's administrative costs associated with the closure and potential loss of brand presence in the area.

Franchise agreements often include closure fees to protect the franchisor's interests and ensure franchisees carefully consider the decision to cease operations. The specific amount and terms can vary widely across different franchise systems. Therefore, a prospective franchisee should clarify the amount of the location closure fee by referring to Schedule 3 and understand the circumstances under which it applies to avoid unexpected costs if they decide to close their Aerus business.