factual

What does the term 'Administration and Technical Support Fee' mean in the Aerus franchise agreement?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

  • A. "Administration and Technical Support Fee" means the fee paid by Franchisee to Company, in an amount specified in Schedule 3 attached hereto, for administration and technical support services Company shall provide to Franchisee hereunder.

Source: Item 23 — Receipts (FDD pages 74–305)

What This Means (2025 FDD)

According to Aerus's 2025 Franchise Disclosure Document, the 'Administration and Technical Support Fee' is defined within Addendum A of the franchise agreement. This fee is paid by the franchisee to Aerus. The amount of this fee is specified in Schedule 3 of the franchise agreement. This fee covers the costs associated with the administration and technical support services that Aerus provides to the franchisee under the terms of the agreement.

In simpler terms, this fee is what you, as a franchisee, pay to Aerus for the ongoing administrative assistance and technical help they provide to support your business operations. The exact amount you'll pay for this support is detailed in Schedule 3 of your franchise agreement, so it's important to review that schedule carefully.

Prospective franchisees should pay close attention to Schedule 3 to understand the amount and payment schedule of this fee. It is also important to understand what specific services are covered under this fee to fully understand the value and cost associated with it.

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.