Yes, Stratos Jets offers flexible payment options for the $200,000 franchise fee, as outlined in the Franchise Fee Addendum. Qualified candidates may choose:
- Option 1: Pay the franchise fee in four quarterly installments of $50,000 over one year, starting three months after the Franchise Agreement’s Effective Date. Franchisor matches up to $5,000/month in paid marketing (max $50,000 total) during the first year, provided payments are met. Defaulting requires switching to Option 2.
- Option 2: Pay 5% of Net Revenue per flight until the fee is paid, capped at $250,000 over the 10-year term. No marketing match is offered, and no payments are due if no flights are booked. Any unpaid balance is forgiven at the end of the 10-year term if not terminated early.
Alternatively, Stratos Jets may waive the $200,000 franchise fee for up to five qualified candidates, reducing the upfront investment to an estimated $24,000–$65,000 for setup, training, and marketing costs, per the Franchise Disclosure Document (FDD). All options require Franchisor approval, and default or early termination may trigger immediate payment of the remaining balance with interest.