What fee might Beauty Bungalows require for extending the site acquisition deadline?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
y Bungalows or any other reasonable criteria. You must secure a Site that we have approved by signing a lease or purchase agreement within ninety (90) days of the date of this Agreement. We may extend the deadline for acquisition of a Site by 90 days in our sole discretion, and we may require you to pay a $2,500 extension fee and execute a general release as a con
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 23–30)
What This Means (2025 FDD)
According to Beauty Bungalows's 2025 Franchise Disclosure Document, franchisees have 90 days from the date of the Franchise Agreement to secure a site, either by signing a lease or purchase agreement. Beauty Bungalows may, at its discretion, extend this deadline by an additional 90 days.
However, this extension is not guaranteed. Beauty Bungalows may require the franchisee to pay a $2,500 extension fee and execute a general release as a condition for granting the extension.
This means that if a Beauty Bungalows franchisee needs more time to find a suitable location, they might have to pay an additional $2,500 and sign a release to get a 90-day extension. This fee and the requirement of a general release are important considerations for prospective franchisees as they factor in the costs and obligations associated with securing a location for their Beauty Bungalows franchise.