What does the Deka Lash Technology Fee cover?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
r any other promotional sources as required by us. Any Business Listing & Promotion Fees will be applied against your Local Marketing Requirement. If deemed necessary by us, we can change the Business Listing & Promotion Fee maximum per month once each calendar year with 30 days' notice to you.
- 4.12 Technology Fee. You must pay to us when billed $199 per month per executed franchise agreement from the
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, franchisees must pay a Technology Fee. From the effective date of the franchise agreement through the studio opening, this fee is $199 per month for each executed franchise agreement. After the studio opens, the fee increases to $399 per month per franchise location.
The Technology Fee is intended to cover Deka Lash's costs associated with various platforms and support provided to the franchise system. This includes personnel expenses related to providing this support.
For a prospective Deka Lash franchisee, this means budgeting for an ongoing monthly expense to cover technology-related support and platforms. The fee increases significantly once the studio is operational, so franchisees should factor this increase into their financial projections. This fee is in addition to other fees outlined in the Franchise Agreement.