When is the Initial Staff Training & Certification fee due for a Deka Lash franchise?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
ESTMENT FRANCHISE AGREEMENT
| Fee | Estimated | Estimated | Method of | When Due | To Whom Payment |
|---|---|---|---|---|---|
| Amount Low | Amount High | Payment | is to be Made | ||
| Initial Franchise Fee (Note 1) | $59,900 | $59,900 | Wire / ACH | Upon entering into franchise agreement | Us |
| Operations Onboarding & First Studio | $5,450 | $5,450 | Wire / ACH | Upon entering into | Us |
| Opening Support Fee (Note 2) | franchise agreement | ||||
| Initial S |
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 Initial Staff Training & Certification fee, which ranges from $3,750 to $3,750, is due upon entering into the franchise agreement. This fee is paid to Deka Lash via wire or ACH. The FDD also clarifies that this fee is the Non-Refundable Training Fee referenced in Item 5.
Prospective franchisees should note that this fee is non-refundable, regardless of whether the training is completed or the franchise opens. This is a fairly standard practice in franchising, as the fee covers Deka Lash's costs associated with providing the training and certification.
Understanding when fees are due is crucial for managing the initial investment. The fact that the Initial Staff Training & Certification fee is due upon signing the franchise agreement means franchisees need to have these funds available early in the process. This fee is separate from other training-related expenses, such as travel and lodging for the New Franchisee Training, which are paid to third-party vendors before opening.