From whom must a Deka Lash franchisee purchase the opening package of inventory and supplies?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
ntory and Supplies**
You must also buy an opening package of inventory and supplies from us, our affiliate, DL Products, LLC, and/or third parties, that costs approximately $13,500 for initial inventory and supplies to begin operation of the franchise, according to our current standards and specifications outlined from time to time in the Operations Manual. Neither we nor our affiliate finance any portion of your purchases. Payment is due when you order the relevant inventory and supplies from our affiliate and is non-refundable. We reserve the right to require you to process some or all product purchases through automatic account withdrawal or electronic funds transfer processes we designate and outline in the Operations Manual.
If your Franchise Agreement or Area Development Agreement is terminated (whether for your failure to commence operations, failure to successfully complete initial training program, or for any other reason), we or our affiliates have no obligation to refund any portion of the purchase price for products, supplies, or other
Source: Item 5 — INITIAL FEES (FDD pages 12–15)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, a new franchisee must purchase an opening package of inventory and supplies from Deka Lash, its affiliate, DL Products, LLC, and/or third parties. The estimated cost for this initial inventory and supplies is approximately $13,500, which is required to begin operation of the franchise according to Deka Lash's standards and specifications outlined in the Operations Manual.
Neither Deka Lash nor its affiliate provides financing for these purchases, and payment is due when the franchisee orders the inventory and supplies from the affiliate. This payment is non-refundable. Deka Lash retains the right to mandate that franchisees process some or all product purchases through automatic account withdrawal or electronic funds transfer processes, as specified in the Operations Manual.
It is important to note that if the Franchise Agreement or Area Development Agreement is terminated, whether due to failure to commence operations, failure to complete the initial training program, or any other reason, Deka Lash or its affiliates are not obligated to refund any portion of the purchase price for products, supplies, or other amounts paid by the franchisee. This non-refundable policy highlights the importance of careful planning and due diligence before investing in a Deka Lash franchise.