What expenses are NOT included in the Deka Lash total estimated initial investment?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
Note 19 Total. Does not include Royalties, Brand Development Fees, depreciation, interest expenses or taxes.
Note 20 Generally.
These figures are estimates of your initial expenses covering the first three months of your operation.
We cannot guarantee that you will not have additional expenses starting
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–27)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, the total estimated initial investment for a franchise does not include several key expenses. Specifically, the estimate excludes royalties, Brand Development Fees, depreciation, interest expenses, and taxes. This means that a prospective franchisee should anticipate these additional costs on top of the initial investment figures provided.
It is important to note that the initial investment figures provided are estimates that cover the first three months of operation. Deka Lash cannot guarantee that franchisees will not incur additional expenses beyond these estimates. Therefore, potential franchisees should carefully review these figures with a business advisor to fully understand the potential financial obligations.
For those considering an Area Development Agreement, similar exclusions apply. The total estimated initial investment for an Area Development Agreement also does not include royalties, Brand Development Fees, interest expense, depreciation, or taxes. These exclusions highlight the importance of conducting thorough financial planning and due diligence before investing in a Deka Lash franchise or Area Development Agreement.