Are Deka Lash franchisees required to include a franchise addendum in their lease?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
Leased Location. You will need a site in which to operate the Franchised Business. We furnish site selection guidelines. We require you to send to us any proposed lease and information as required by us to evaluate the site for our approval before you sign the lease. You must include our franchise addendum in any lease you sign. See Exhibit F-1.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 27–30)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, franchisees are required to include the franchise addendum in any lease they sign. Deka Lash also requires franchisees to send any proposed lease and information to them for evaluation and approval before signing the lease. Exhibit F-1 of the FDD provides further details on the franchise addendum.
This requirement ensures that Deka Lash has some control over the location and terms of the lease agreement, protecting their brand and the interests of the franchise system. It allows Deka Lash to review the lease terms and ensure they are favorable and do not conflict with the franchise agreement.
Site selection guidelines are furnished by Deka Lash to assist franchisees in finding suitable locations. This is a common practice in franchising, as the location of the business can significantly impact its success. By requiring a franchise addendum, Deka Lash can ensure that the lease agreement aligns with their operational standards and protects their interests as well as the franchisee's.
Prospective franchisees should carefully review Exhibit F-1 to understand the specific terms and conditions of the franchise addendum and how it may affect their lease negotiations. It is also advisable to consult with a legal professional to fully understand the implications of the lease agreement and the franchise addendum.