What is the Non-Refundable Training Fee for a Deka Lash franchise, and when is it due?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
ind and develop your first site. The Operations Onboarding & First Studio Opening Support Fee is fully earned and non-refundable upon your signing of the Franchise Agreement and receipt of the funds by us. For your second and subsequent locations, you are not required to pay this fee.
- **4.4
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, franchisees must pay a Non-Refundable Training Fee of $3,750. This fee is due at the same time as the Initial Franchise Fee.
This fee covers Deka Lash's costs for providing training to the franchisee. It is important to note that this fee is non-refundable, meaning that under most circumstances, a franchisee will not receive this money back, even if they do not open a Deka Lash studio. The fee is also non-transferable, except to an entity owned by the same owners with the same ownership percentages.
Franchisees should consider the non-refundable nature of this fee and the initial franchise fee when evaluating the Deka Lash franchise opportunity. Understanding the full scope of required fees and their payment schedules is crucial for assessing the financial viability of the franchise.