What is the 'Renewal Fee' for an Aerus franchise, and when is it payable?
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 Aerus is offering new franchises in the state and the franchisee meets certain conditions. One of these conditions is the payment of a renewal fee.
The renewal fee for an Aerus franchise is $100. This fee is paid to Aerus in lieu of paying a new initial franchise fee. The renewal fee is payable when the franchisee executes Aerus's then-current form of franchise agreement for the renewal term.
In addition to paying the renewal fee, the franchisee must also meet other requirements to be eligible for renewal. These include having no uncured defaults under the existing agreement at the time of renewal, providing written notice of intent to renew at least 30 days before the end of the initial term, achieving gross sales of $10,000 or more each month for the six months prior to renewal, and executing a general release of claims against Aerus.