When is the Aerus renewal fee of $100 payable, and what triggers this payment?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
signate in writing.
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- Term. Unless sooner terminated as provided herein, the duration of the initial term (the "Initial Term") and the renewal term (the "Renewal Term") will be as stated in Schedule 1 attached hereto, which, collectively, shall constitute the "Term" of this Agreement. Upon the expiration of the Initial Term, Franchisee may renew the franchise for one (1) Renewal Term, provided Company is then offering new franchise rights for the establishment of Aerus Businesses in the State where the franchise subject to renewal is located and provided Franchisee meets all of the following conditions: (1) Franchisee has no uncured Event of Default under the Agreement at the time of renewal; (2) Franchisee gives Company written notice of Franchisee's desire to renew at least thirty (30) days prior to the end of the Initial Term; (3) Franchisee has achieved ten thousand dollars ($10,000) or more in Gross Sales each month during the prior six (6) months; (4) Franchisee executes Company's then-current form of franchise agreement, which, upon execution, will supersede this Agreement and which may differ from the terms of this Agreement, including, without limitation, the payment of higher or additional fees and revised Minimum Sales Requirements; (5) Franchisee pays Company a renewal fee of one hundred dollars ($100) (in lie
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, a franchisee may renew their franchise for one additional term if they meet certain conditions. One of these conditions is the payment of a renewal fee of $100. This fee is paid in lieu of paying a new initial franchise fee.
To be eligible for renewal, Aerus must be offering new franchises in the state where the franchise is located. The franchisee must also not be in default of the existing agreement at the time of renewal. Additionally, the franchisee must provide written notice of their intent to renew at least 30 days before the end of the initial term. The franchisee must also have achieved at least $10,000 in gross sales each month for the six months prior to renewal.
Furthermore, the franchisee must execute Aerus's then-current franchise agreement, which may have different terms than the original agreement, including potentially higher fees or revised sales requirements. Finally, the franchisee, along with their principals and guarantors, must execute a general release of claims against Aerus and its affiliates.