Is there a renewal fee for an Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
| Category | Section in Agreement | Summary |
|---|---|---|
| b. Renewal or extension of the term | Section 2 and Schedule 1 | If we are then offering new franchise rights for the establishment of Aerus Businesses in the State where the franchise subject to renewal is located and you satisfy the requirements for renewal, you may renew for an additional one (1) year renewal term. |
| c. Requirements for franchisee to renew or extend | Section 2 | Provided we are then offering new franchise rights for the establishment of Aerus Businesses in the State where the franchise subject to renewal is located, you may renew subject to the following conditions: (1) you give us written notice of your desire to renew 30 days before expiration of the initial term; (2) there is no uncured default at the time of renewal; (3) you have achieved at least $10,000 in monthly Gross Sales during each of the prior six months; (4) you execute our then-current form of franchise agreement (which may contain materially different terms and conditions than your original Franchise Agreement); (5) you pay a $100 renewal fee; and (6) you, your principals, and your guarantors sign a general release in favor of us and our affiliates. |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 56–60)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, franchisees may renew their franchise for an additional one-year term if Aerus is offering new franchises in the state where the franchise is located and the franchisee meets certain requirements. One of these requirements is paying a renewal fee.
Specifically, to renew their Aerus franchise, franchisees must pay a $100 renewal fee. This fee is just one of several conditions that must be met to qualify for renewal.
Other conditions include providing written notice of intent to renew 30 days before the initial term expires, having no uncured defaults at the time of renewal, achieving at least $10,000 in monthly Gross Sales for each of the six months before renewal, and executing Aerus's then-current franchise agreement, which may have materially different terms than the original agreement. Additionally, the franchisee, their principals, and their guarantors must sign a general release in favor of Aerus and its affiliates.