factual

When is an Aerus 'Relocation Fee' due?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

  • BB. "Location Closure Fee" means a fee due by Franchisee with any closing of an Aerus Business whether directly or indirectly made, attempted or completed in an amount specified in Schedule 3, attached hereto.
  • 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)

The 2025 Aerus Franchise Disclosure Document does not specify a 'Relocation Fee'. However, it does define other fees that may be relevant to a franchisee who is considering moving their Aerus business.

The document defines a "Location Closure Fee" as a fee due by the franchisee with any closing of an Aerus Business, whether directly or indirectly made, attempted, or completed, in an amount specified in Schedule 3. There is also a "New Location Fee" which is 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.

Since the FDD does not define a Relocation Fee, it is important for a prospective franchisee to ask Aerus about any potential fees associated with relocating an existing franchise. This would include clarifying whether the Location Closure Fee and New Location Fee apply in the event of a relocation, and if so, the amounts specified in Schedule 3. Understanding these costs is crucial for making informed financial decisions about the franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.