What is the initial franchise fee for a Deka Lash franchise?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
served.** Except as provided in this Section 3 of this Agreement, the parties agree and acknowledge that the rights granted in this Agreement are non-exclusive and that we and our affiliates reserve all other rights not expressly granted to you herein.
4. FEES AND PAYMENTS
- 4.1 Initial Franchise Fee. The initial franchise fee is $59,900. If you pur
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, the initial franchise fee is $59,900. This fee grants you the right to operate a Deka Lash franchise.
If a franchisee purchases additional franchise rights after signing their first franchise agreement with Deka Lash, the initial franchise fee for each additional franchise is $38,000. However, this reduced fee only applies if the subsequent purchase occurs within five years of signing the first franchise agreement.
It is important for prospective franchisees to consider the initial franchise fee as part of their overall investment. Understanding the terms and conditions associated with this fee, including the reduced fee for additional franchises purchased within a specific timeframe, is crucial for financial planning.