What is attached as Exhibit B in the Deka Lash FDD?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
The franchise agreement (Attached as Exhibit B) will allow you the right to establish and operate one studio at a specific location.
We also offer to qualified individuals the right to operate multiple Franchised Businesses, typically three to five, according to an agreed upon development schedule, under an Area Development Agreement. You must execute the franchise agreement for your first outlet under the Area Development Agreement at the same time as the Area Development Agreement. For all subsequent studios opened, you must sign the then-current future franchise agreements which may differ from the form of franchise agreement included in this franchise disclosure document.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–11)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, Exhibit B contains the franchise agreement. The franchise agreement grants the franchisee the right to establish and operate one Deka Lash studio at a specific location.
In addition to single-unit franchise agreements, Deka Lash also offers Area Development Agreements to qualified individuals. These agreements allow franchisees to open multiple Deka Lash locations, typically three to five, according to a pre-determined development schedule.
It is important to note that while the initial franchise agreement is executed alongside the Area Development Agreement, subsequent studios opened under the Area Development Agreement will use the then-current franchise agreement. These future agreements may differ from the sample franchise agreement included in the FDD as Exhibit B. Prospective franchisees should carefully review Exhibit B and understand that the terms and conditions may change for future locations if they pursue an Area Development Agreement.