What is included in the Beauty Bungalows development schedule?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
3. Development Schedule and Deadlines
3.1. Development Schedule.
You must enter into Franchise Agreements, and open and operate Franchised Businesses in accordance with the deadlines set forth in the Development Schedule. By each "Opening Deadline" specified in the Development Schedule, you must have the specified number of Businesses open and operating. Prior to opening additional Franchised Businesses in your Development Area, you must: (i) possess sufficient financial and organizational capacity to develop, open, operate, and manage each additional Franchised Business in our reasonable judgment; (ii) be in full compliance with all brand requirements at any existing Franchised Businesses you operate; and (iii) be in compliance with any Franchise Agreement or any other agreement entered into with us.
3.2. Damaged Operating Assets.
Source: Item 23 — RECEIPTS (FDD pages 48–177)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the development schedule outlines the deadlines by which a franchisee must enter into Franchise Agreements and open and operate Franchised Businesses. The schedule specifies "Opening Deadlines," which indicate the number of Beauty Bungalows businesses a franchisee must have open and operating by a certain date.
Prior to opening additional franchised businesses in their development area, franchisees must demonstrate sufficient financial and organizational capacity to develop, open, operate, and manage each additional franchised business. They also need to be in full compliance with all brand requirements at any existing franchised businesses they operate and be in compliance with any Franchise Agreement or any other agreement entered into with Beauty Bungalows.
Furthermore, the Area Development Agreement expires on the last Opening Deadline date listed on the Development Schedule, unless terminated sooner as provided in the agreement. Franchisees are required to adhere to the development schedule to maintain their rights to operate in the designated development area.