How much written notification does a franchisee need to provide to terminate the Electronic Funds Transfer authorization with Aerus?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
This authorization shall continue in force until Depository and Payee have received at least thirty (30) days written notification from Depositor of its termination.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, a franchisee must provide at least thirty (30) days written notification to both the Depository and Aerus Franchising, LLC to terminate the Electronic Funds Transfer authorization. This authorization allows Aerus to debit the franchisee's designated account for payments.
This requirement ensures that Aerus has sufficient time to adjust its payment processing systems and prevent any unintended debits from the franchisee's account after the termination request. The franchisee should ensure that the written notification is sent via a method that provides proof of delivery, such as certified mail, to avoid any disputes regarding the notification date.
It is important for prospective Aerus franchisees to understand this notification period, as failing to provide adequate notice could result in continued debits and potential disputes with Aerus. Franchisees should also keep a copy of the termination notice and proof of delivery for their records.