What triggers the payment of the Transfer Fee for an Aerus franchise?

According to Aerus's 2025 Franchise Disclosure Document, the Transfer Fee is triggered when you or your principals notify Aerus of your intent to transfer. The fee is $100. This fee applies to the transfer of either all or a portion of the ownership interest in the franchise, or the transfer of an Approved Location.

In practical terms, this means that if you decide to sell your Aerus franchise, or even a part of your ownership in it, you must notify Aerus and pay the $100 Transfer Fee. Similarly, if you want to transfer an Approved Location to someone else, the same fee and notification requirement apply. This fee is relatively low compared to other franchise systems, where transfer fees can sometimes be a percentage of the sale price or a much higher fixed amount.

It is important to note that this fee covers the administrative costs associated with processing the transfer. The FDD does not specify what these administrative costs include, but it is reasonable to assume they involve reviewing the qualifications of the proposed transferee and updating the franchise agreement. Prospective franchisees should inquire with Aerus about the full scope of services covered by the Transfer Fee to fully understand its value.

While the Transfer Fee itself is a minor expense, franchisees should carefully consider the implications of transferring their franchise or an Approved Location. The Franchise Agreement will likely contain provisions governing the transfer process, including requirements for Aerus's approval of the transferee. Failing to comply with these provisions could result in a breach of the agreement and potential penalties.