factual

What happens if a Deka Lash franchisee loses possession of their location through no fault of their own?

Deka_Lash Franchise · 2024 FDD

Answer from 2024 FDD Document

If you lose possession of the Location through no fault of your own, or if we give our approval, you may apply to us for our approval to relocate your business to another site in the designated area, provided such a site is available.

We will approve or disapprove the relocation of your outlet, typically within 14 business days of your submission of the required site selection documents required by us.

Source: Item 23 — RECEIPT (FDD pages 63–234)

What This Means (2024 FDD)

According to Deka Lash's 2024 Franchise Disclosure Document, if a franchisee loses possession of their location through no fault of their own, or if Deka Lash approves, the franchisee can apply to relocate their business to another site within their designated area, provided a suitable site is available. Deka Lash will then typically approve or disapprove the relocation within 14 business days of receiving the required site selection documents.

This clause provides a degree of flexibility for Deka Lash franchisees facing unforeseen circumstances that force them to vacate their original location. However, the relocation is not guaranteed, as it depends on Deka Lash's approval and the availability of an alternative site. The franchisee must still submit the necessary site selection documents for review.

It is important for prospective franchisees to understand the site selection criteria outlined in Deka Lash's manual, as this will influence the approval of any new location. Franchisees should also clarify with Deka Lash what constitutes a 'material change in economic or other factors' that might affect relocation approval, and what specific documentation is required for the site selection process to ensure a smooth transition if relocation becomes necessary.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.