Where is the Dermani Medspa development schedule located?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
To develop the Franchised Businesses and dermani MEDSPA®s pursuant to the development schedule set forth in Paragraph 3 of Exhibit A attached hereto (the "Development Schedule").
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to the 2025 Dermani Medspa Franchise Disclosure Document, the development schedule for area developers is detailed in Paragraph 3 of Exhibit A, which is attached to the Area Development Agreement. This schedule outlines the specific deadlines and requirements that developers must meet for opening new Dermani Medspa locations within their designated area.
Failure to adhere to the development schedule constitutes a default under the Area Development Agreement, potentially leading to termination of the agreement. Dermani Medspa emphasizes that the time limits specified in the Development Schedule, rather than those in the Franchise Agreement, govern the developer's obligations.
Prospective area developers should carefully review Exhibit A to fully understand their obligations and the timeline for developing Dermani Medspa locations. They should also discuss any concerns or questions regarding the development schedule with Dermani Medspa before signing the Area Development Agreement.