When is an Aerus 'New Location Fee' due?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
- 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)
According to Aerus's 2025 Franchise Disclosure Document, a 'New Location Fee' is due with any opening or acquisition of an Aerus Business. This applies whether the opening or acquisition is made directly or indirectly, attempted, or completed. The specific amount of the 'New Location Fee' is detailed in Schedule 3 of the Franchise Agreement.
For a prospective Aerus franchisee, this means that if they plan to open a new Aerus location or acquire an existing one, they will be responsible for paying a 'New Location Fee'. The fee is tied to the event of opening or acquiring the business, so franchisees should be prepared to pay it at that time. The exact amount will be specified in Schedule 3 of their franchise agreement.
It is important for potential franchisees to carefully review Schedule 3 to understand the amount of the 'New Location Fee' and to factor this cost into their initial investment. Understanding when this fee is due is crucial for financial planning and ensuring sufficient capital is available when opening or acquiring an Aerus business.