When is the Dermani Medspa practice's Administrative Fee payable in relation to receiving the invoice from the Manager?

According to Dermani Medspa's 2025 Franchise Disclosure Document, the Administrative Fee is payable on or before the 15th day after the Dermani Medspa practice receives the invoice from the Manager. The Manager will invoice the Dermani Medspa practice for the Administrative Fee, along with any reimbursement of expenses, within fifteen days after the end of each month.

This means that a Dermani Medspa franchisee will receive an invoice from the Manager sometime within the first 15 days of each month, covering the previous month's Administrative Fee and any expenses. The franchisee then has 15 days from the date of receiving the invoice to make the payment.

It is important for prospective Dermani Medspa franchisees to understand this payment schedule and ensure they have sufficient cash flow to meet these obligations. Failure to pay on time could result in penalties or interest charges, as detailed elsewhere in the FDD.