Where is the Development Area described for a Deka Lash franchise?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
Subject to the terms of this franchise agreement ("Agreement" or "Franchise Agreement"), we grant to you a Deka Lash franchise ("Franchised Business") using our system and our Marks in the protected area described in Schedule 1 ("Protected Area"). You agree to abide by the terms of this Agreement.
There will be a "Protected Area" around your Franchised Business as defined in Schedule 1, Section 3.
WHEREAS, we grant qualified third parties the right to develop a certain number of Franchised Businesses within a defined geographical area (the "Development Area") in accordance with a mandatory development schedule that must be strictly adhered to, with each Franchised Business within the Development Area being opened and operated utilizing the Marks and System pursuant to the terms and conditions set forth in our then-current form of franchise agreement (each, a "Franchise Agreement").
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, the specific details of the Development Area for both single and multi-unit franchises are outlined in Schedule 1 of the Franchise Agreement. For single-unit franchises, the agreement grants the franchisee a Deka Lash franchise to operate using Deka Lash's system and marks within a protected area, as described in Schedule 1.
For multi-unit developers, the Development Area is a defined geographical area where the developer has the right to open a certain number of Franchised Businesses, according to a mandatory development schedule. The exact size and demographics of the Protected Area can vary, as Deka Lash retains the right to adjust it based on market conditions and development. Typically, the Protected Area is a 1.5-mile radius around the Franchised Business location.
Prospective franchisees should carefully review Schedule 1 of the Franchise Agreement, as well as the Area Development Agreement, to fully understand the extent and conditions of their Development Area or Protected Area. This includes understanding the development schedule, the criteria for site selection, and any conditions under which Deka Lash may alter the size or exclusivity of the territory.