What is the length of the 'Post-Term Period' during which non-compete restrictions apply to a Dermani Medspa member?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) Member covenants and agrees that during the Post-Term Period (defined below), Member will not, either directly indirectly, own, maintain, operate, engage in, manage, franchise or license, or have any direct or indirect controlling or non-controlling interest as an owner (whether of record, beneficially, or otherwise) or be or perform services as a partner, director, manager, employee, consultant, representative, or agent in any Competitive Business, that is, or is intended to be, located within the Development Area, or within a five (5) mile radius of the boarder of the Development Area or any other dermani MEDSPA® operating at the time.
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, a member is subject to non-compete restrictions during the Post-Term Period. The member agrees not to engage in any Competitive Business within the Development Area or within a five-mile radius of the Development Area or any other Dermani Medspa operating at the time.
The member is restricted from owning, maintaining, operating, managing, franchising, or licensing a Competitive Business. They are also restricted from being or performing services as a partner, director, manager, employee, consultant, representative, or agent in any Competitive Business.
It is important for prospective Dermani Medspa members to understand the scope and duration of these restrictions, as they could significantly impact their ability to work in the medical spa industry after the Area Development Agreement ends. Members should carefully consider these limitations before entering into an agreement with Dermani Medspa.