Is a Deka Lash transferee required to complete the initial training program, and who pays for it?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
- 14.5 Conditions for Approval of Transfer. We may condition our approval of any proposed sale or transfer of the franchised business or of your interest in this Agreement upon satisfaction of the following occurrences:
- a) You are current in all monetary obligations to us, our affiliates, and our designated/approved suppliers and vendors;
- b) You are in full compliance with this Agreement;
- c) You execute any transfer, amendment, or release forms that we may require;
- d) You or the transferee will provide to us a copy of the proposed documents as we may request to evidence the transfer;
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
The 2024 Deka Lash Franchise Disclosure Document outlines conditions for transfer approval but does not explicitly state whether a transferee is required to complete the initial training program.
However, the FDD does state that Deka Lash may condition approval of the transfer on certain occurrences, including that the franchisee is in full compliance with the agreement. It is possible that Deka Lash could require the transferee to complete training as part of ensuring compliance with their standards and systems.
Since the FDD does not provide a definitive answer, a prospective franchisee should clarify with Deka Lash whether a transferee is required to complete the initial training program and who is responsible for covering the associated costs. This information is crucial for understanding the full financial and operational implications of transferring a Deka Lash franchise.