For how long after the effective date of a Dermani Medspa franchise transfer are you restricted from engaging in activities prescribed in Section 15.4?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
- (l) You will not, for two (2) years beginning on the effective date of the transfer, engage in any of the activities prescribed in Section 15.4;
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to the 2025 Dermani Medspa FDD, if you transfer your franchise, you are restricted from certain activities for two years. Specifically, for two years after the effective date of the transfer, you cannot engage in any activities described in Section 15.4 of the franchise agreement.
Section 15.4 outlines the covenant not to compete, which restricts you and your immediate family members from owning, operating, or being involved in any competitive business. This includes businesses located at the premises, within the territory, within five miles of the territory's border, or within the territory of any other Dermani Medspa.
This restriction aims to protect Dermani Medspa's interests by preventing former franchisees from using their knowledge and experience to compete with the brand shortly after leaving the system. Franchisees should carefully consider these restrictions before deciding to transfer their franchise, as they could significantly limit their business opportunities for two years following the transfer.