What happens if a Dermani Medspa franchisee is unable to open the Medspa by the Opening Date?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
- 2.5.2. Subject to your compliance with these conditions, and except as we may otherwise approve, you agree to open the Medspa by the Opening Date. If you are unable to open the Medspa by the Opening Date, we may terminate this Agreement or we may provide you with an extension of this timeframe.
2.6. Relocation of the Franchised Business.
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, the "Opening Date" is defined as twelve months from the effective date of the franchise agreement. The franchise agreement states that a franchisee must open the Medspa by this date, unless Dermani Medspa approves otherwise.
If a Dermani Medspa franchisee is unable to open their Medspa by the Opening Date, Dermani Medspa has the option to either terminate the franchise agreement or provide the franchisee with an extension of time to open.
This clause gives Dermani Medspa flexibility in dealing with franchisees who may face unforeseen delays. It is important for prospective franchisees to understand that failure to open on time could lead to termination of the agreement, but that Dermani Medspa may be willing to work with the franchisee depending on the circumstances.