What is the net value of the operating lease right of use asset for Dermani Medspa?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
| CALIFORNIA Commissioner of Financial Protection and Innovation California Department of Financial Protection and Innovation 320 West Fourth Street, Suite 750 Los Angeles, California 90013-2344 (213) 576-7500 (866)275-2677(tollfree) | NEW YORK New York Department of State One Commerce Plaza 99 Washington Avenue, 6th Floor Albany, New York 12231-0001 (518) 473-2492 |
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| HAWAII Commissioner of Securities of the State of Hawaii Department of Commerce and Consumer Affairs Business Registration Division Securities Compliance Branch 335 Merchant Street, Room 203 Honolulu, Hawaii 96813 (808)586-2722 | NORTH DAKOTA Securities Commissioner North Dakota Securities Department 600 Boulevard Avenue State Capitol, 14th Floor, Dept. 414 Bismarck, North Dakota 58505-0510 (701) 328-4712 |
| ILLINOIS Illinois Attorney General 500 South Second Street Springfield, Illinois 62706 (217) 782-4465 | RHODE ISLAND Director, Department of Business Regulation Securities Division John O. Pastore Center–Bldg. 69-1 1511 Pontiac Avenue Cranston, Rhode Island 02920 (401)462-9527 |
| INDIANA Indiana Secretary of State 302 West Washington Street, Room E018 Indianapolis, Indiana 46204 (317) 232-6681 | SOUTH DAKOTA Department of Labor and Regulation Division of Insurance – Securities Regulation 124 S. Euclid, Suite 104 Pierre, South Dakota 57501 (605)773-3563 |
| MARYLAND | VIRGINIA |
| Maryland Securities Commissioner | Clerk of the State Corporation Commission |
| 200 St. Paul Place | 1300 East Main Street, 1st Floor |
| Baltimore, Maryland 21202-2020 | Richmond, Virginia 23219 |
| (410)576-6360 | (804)371-9733 |
| MICHIGAN Michigan Department of Attorney General Consumer Protection Division G. Mennen Williams Building, 1st Floor 525 West Ottawa Street Lansing, Michigan 48933 (517)373-7117 | WASHINGTON Director of Department of Financial Institutions Securities Division – 3rd Floor 150 Israel Road, S.W. Tumwater, Washington 98501 (360) 902-8760 |
| MINNESOTA Commissioner of Commerce Minnesota Department of Commerce 85 7th Place East, Suite 280 St. Paul, Minnesota 55101 (612) 296-4026 | WISCONSIN Wisconsin Commissioner of Securities Department of Financial Institutions Division of Securities 4822 Madison Yards Way, North Tower Madison, Wisconsin 53705 (608) 261-9555 |
Exhibit C to the dermani MEDSPA® Franchise Agreement
LISTING OF OWNERSHIP INTERESTS
Current assets Cash and cash equivalents $ 6 0,214 Restricted cash 1 09,906 Accounts receivable, net of allowance for credit losses of $- 3 6,396 FRANCHISOR: dermani MEDSPA® Franchising LLC
Exhibit D to the dermani MEDSPA® Franchise Agreement
ELECTRONIC FUNDS TRANSFER AUTHORIZATION
AUTHORIZATION AGREEMENT FOR PREARRANGED PAYMENTS (DIRECT DEBITS)
| Operating lease right of use asset, net | 282,813 | |
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, the net value of the operating lease right of use asset is $282,813. This figure represents the value of the company's right to use leased assets, such as office space, after accounting for accumulated amortization and any impairment losses. It is a crucial component of the company's overall asset valuation.
For a prospective Dermani Medspa franchisee, understanding this figure can provide insight into the financial health and operational structure of the company. The operating lease right of use asset reflects the company's long-term lease obligations and how they are accounted for on the balance sheet. A higher value may indicate significant lease commitments, which could impact the company's financial flexibility.
It's important for potential franchisees to consider this figure in conjunction with other financial metrics to assess the overall financial stability and performance of Dermani Medspa. While the FDD provides this specific asset value, further due diligence, including reviewing the full financial statements and understanding the terms of the leases, is advisable to make an informed investment decision.