Does the C3 Wellness Spa Franchise Disclosure Document include a Multi-Unit Development Agreement?
C3_Wellness_Spa Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 23: RECEIPTS]
FRANCHISE DISCLOSURE DOCUMENT EXHIBIT F MULTI-UNIT DEVELOPMENT AGREEMENT
C3 WELLNESS MULTI-UNIT DEVELOPMENT AGREEMENT
FRANCHISEE: © 2024, The Internicola Law Firm, PC - This Agreement and the Schedules and Exhibits attached hereto are subject to the copyright of The Internicola Law Firm, PC.
C3 WELLNESS MULTI-UNIT DEVELOPMENT AGREEMENT
Table of Contents
| Development Spa Initial Franchise Fee for Other Development Spas | |
|---|---|
| OTHER AUTHORIZED DEVELOPMENT SPAS: Provided that Franchisee is not in default of the terms of | |
| this C3 Wellness Multi-Unit Development Agreement (including but not limited to the Development Schedule set | |
| forth below) and that neither Franchisee nor Franchisee’s affiliates are in default of any Franchise Agreement or | |
| other agreement with Franchisor, the Development Spa Initial Franchise Fee for each additional Development | |
| Spa (over and above the First Development Spa), is: $0 (Waived), payable at the time of signing the Franchise | |
| Agreement for each Development Spa. |
| Wellness | Multi-Unit Development Agreement between Aryes Franchising LLC, a Florida | Limited Liability | |
|---|---|---|---|
| Company | with a principal place of business located at 1060 Cypress Parkway, Kissimmee, Florida 34759 | ||
| (the "Franchisor") and(the "Franchisee"). | |||
| Defined terms shall have the meanings set forth in the C3 Wellness | Multi-Unit Development Agreement | ||
| between Franchisor and Franchisee and are further defined and set forth in this Development Information | |||
| Sheet. |
Source: Item 23 — RECEIPTS (FDD pages 59–293)
What This Means (2024 FDD)
Yes, the 2024 Franchise Disclosure Document for C3 Wellness Spa includes a Multi-Unit Development Agreement. This agreement is referenced throughout the document and is included as Exhibit F. The document outlines specific terms related to multi-unit development, such as the waiving of the Development Spa Initial Franchise Fee for additional spas beyond the first one, provided the franchisee adheres to the C3 Wellness Multi-Unit Development Agreement terms and is not in default.
Specifically, the C3 Wellness Spa Multi-Unit Development Agreement includes a development schedule and information sheet that becomes effective on the agreement's effective date. The agreement also defines terms within the context of the Multi-Unit Development Agreement between the franchisor and franchisee. Furthermore, state-specific amendments to the Multi-Unit Development Agreement are included, such as those for California.
For prospective franchisees, this means that C3 Wellness Spa offers opportunities for expansion through multi-unit development. The initial franchise fee for subsequent locations can be waived under certain conditions, incentivizing growth. However, franchisees must comply with the development schedule and other terms of the agreement to maintain these benefits. The presence of state-specific amendments indicates that the terms of the Multi-Unit Development Agreement may vary depending on the franchisee's location, requiring careful review of the applicable addenda.