What was the rent expense for Dermani Medspa's Franchised Location 12?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
| Company Location 1 | Company Location 2 | Company Location 3 | Company Location 4 | Company Location 5 | |
|---|---|---|---|---|---|
| (Opened Since) | (Sept 2013) | (April 2014) | (April 2014) | (Sept 2015) | (April 2017) |
| Gross Revenue1 | |||||
| Retail Product Sales | $49,493 | $68,241 | $57,796 | $92,653 | $75,542 |
| Services Revenue | $1,269,346 | $1,821,457 | $1,084,216 | $2,224,396 | $1,861,911 |
| Total Gross Revenue | $1,318,839 | $1,889,698 | $1,142,012 | $2,317,049 | $1,937,453 |
| Disclosed Expenses2 | |||||
| Cost of Goods Sold3 | $513,850 | $650,076 | $371,760 | $897,103 | $635,977 |
| Payroll Expenses4 | $488,274 | $628,474 | $469,474 | $789,900 | $711,427 |
| Rent Expense5 | $124,780 | $126,075 | $67,962 | $56,886 | $101,877 |
| Spa Supplies6 | $102,929 | $131,171 | $107,920 | $137,642 | $158,280 |
| Franchised | Franchised | Franchised | Franchised | Franchised | |
| Location 8 | Location 9 | Location 10 | Location 11 | Location 12 | |
| (Opened Since) | (Oct 2022) (Nov 2022) | (May 2023) | (Sept 2023) | (Dec 2023) | |
| Gross Revenue1 | $458,061.99 | $269,832.63 | $388,550.78 | $319,948.57 | |
| $713,121 | |||||
| $674,609 | |||||
| Disclosed Expenses | |||||
| Cost of Goods Sold2 | $263,812 | $175,987 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 58–61)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, Franchised Location 12 had a rent expense of $107,335.27 during the measurement period of January 1, 2024, to December 31, 2024. This figure represents the total amount that the Franchised Location reported as paying during this period.
It's important to note that this data is based on unaudited information reported to Dermani Medspa by its affiliates. The FDD advises prospective franchisees that no certified public accountant has audited these figures or expressed an opinion on their contents or form. Therefore, while this provides an indication of potential rent expenses, franchisees should conduct their own due diligence.
Rent expenses, as defined in an earlier section regarding company-owned locations, include rent, CAM (common area maintenance), and all other expenses charged by the landlord. This provides a comprehensive view of what is included in the rent expense for both company-owned and franchised locations. Franchisees should be aware that their actual rent expenses may vary depending on location, lease terms, and other factors. The FDD explicitly states that individual results may differ, and there is no assurance that a franchisee will earn as much as the locations presented.