To whom is the Initial Staff Training & Certification fee paid when opening 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 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 is paid to Deka Lash. This fee, which ranges from $3,750 to $3,750, is due upon entering into the franchise agreement and is collected via wire or ACH transfer. Note 3 clarifies that this fee is the same as the Non-Refundable Training Fee mentioned in Item 5 of the FDD.
This means that as a new Deka Lash franchisee, you must budget $3,750 for the initial staff training and certification. This fee is non-refundable, so it's important to understand the training requirements and schedule before signing the franchise agreement. Paying this fee grants you access to the necessary training programs for your staff to become certified in Deka Lash's lash extension techniques.
It is common practice in the franchise industry for initial training fees to be paid directly to the franchisor. This revenue stream allows the franchisor to develop and maintain the training programs, ensuring that all franchisees adhere to the brand's standards and procedures. Franchisees should carefully review the training schedule, content, and location to ensure it meets their needs and expectations before committing to the franchise.