What is the significance of LazCoz in relation to the Dermani Medspa franchise?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 1: THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES]
Our Predecessors and Affiliates
Our parent company is LazCoz LLC ("LazCoz"), and its principal business address is 9100 Conroy Windermere Road, Suite 200, Windermere, Florida 34786. Except for the companies identified in this Item, we do not have any other parents or predecessors.
[Item 13: TRADEMARKS, SERVICE MARKS, TRADE NAMES, LOGOTYPES, AND COMMERCIAL SYMBOLS]
LazCoz has filed all declarations of use and renewals required to maintain these registrations as of the date of this disclosure document.
Our right to use and license others to use the Proprietary Marks is exercised under a trademark license agreement (the "TM Agreement") with LazCoz dated April 22, 2019. Under the TM Agreement, we are granted the right to use and to permit others to use the Marks. The TM Agreement has a 20-year term, with automatic 1-year renewal terms. If we were ever to lose our right to the Marks, LazCoz is required under the TM Agreement to allow our franchisees to maintain their rights to use the Proprietary Marks in accordance with their franchise agreements. Also, the franchise agreements will be assigned to LazCoz. Other than the TM Agreement, there are no agreements in effect which significantly limit our rights to use or license the Marks in any state in a manner material to dermani MEDSPA® franchises.
Source: Item 2 — BUSINESS EXPERIENCE (FDD page 12)
What This Means (2025 FDD)
According to the 2025 Dermani Medspa Franchise Disclosure Document, LazCoz LLC is the parent company of Dermani Medspa Franchising, LLC. LazCoz owns the medical spa management system, including the format and system relating to the establishment, operation, management, and franchising of medical spa centers operating under the "dermani MEDSPA®" name. Dermani Medspa Franchising, LLC has the right to sublicense these properties to third-party franchisees. This relationship is formalized through a Trademark and System License Agreement executed on April 22, 2019.
Under the Trademark Agreement, Dermani Medspa is granted the right to use and permit others to use the Dermani Medspa marks. The agreement has a 20-year term, with automatic 1-year renewal terms. Should Dermani Medspa ever lose its right to the marks, LazCoz is obligated to allow franchisees to maintain their rights to use the Proprietary Marks in accordance with their franchise agreements, and the franchise agreements will be assigned to LazCoz.
For a prospective franchisee, this means that LazCoz ultimately controls the intellectual property and system that defines the Dermani Medspa franchise. The franchisee's right to operate under the Dermani Medspa brand is dependent on the agreements between Dermani Medspa Franchising, LLC and LazCoz. While the agreement is currently in good standing, a franchisee should be aware of the potential implications if the relationship between Dermani Medspa and LazCoz were to change. Specifically, LazCoz has filed all declarations of use and renewals required to maintain these registrations as of the date of the 2025 disclosure document.