If deficiencies exist at a Dermani Medspa franchise, what are the two options for addressing them before a transfer?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) (i) You have corrected any existing deficiencies of the Franchised Business of which we have notified you in writing or by electronic communications, and/or (ii) the transferee agrees to upgrade and refurbish the Franchised Business in accordance with our then current requirements and specifications for Franchised Businesses and Medspas within the time period we specify following the effective date of the transfer (we will advise the transferee before the effective date of the transfer of the specific actions that it must take and the time period within which such actions must be taken);
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, if a franchisee wishes to transfer their franchise while deficiencies exist, there are two options to rectify the situation. First, the franchisee can correct any existing deficiencies of the franchised business that Dermani Medspa has notified them about in writing or via electronic communication. This involves addressing the specific issues to bring the franchise up to the required standards before the transfer can proceed.
Alternatively, the franchisee can arrange for the transferee (the new owner) to agree to upgrade and refurbish the franchised business. This upgrade must align with Dermani Medspa's current requirements and specifications for franchised businesses and medspas. Dermani Medspa will inform the transferee of the specific actions needed and the timeframe for completing them before the transfer's effective date.
These conditions ensure that any transferred Dermani Medspa franchise meets the brand's standards either through the actions of the current franchisee or the commitment of the incoming franchisee. This protects the brand's reputation and ensures consistency across all locations. It is important for prospective franchisees to understand these requirements, as failure to address deficiencies can prevent a transfer from being approved.