Are spouses of Dermani Medspa owners required to sign a guarantee and assumption of obligations?

According to Dermani Medspa's 2025 Franchise Disclosure Document, spouses of owners are not required to sign a guarantee and assumption of obligations. However, all owners, except those that hold a small ownership interest in the franchises (less than 10%), must sign a guarantee and assumption of obligations in the form attached to the Franchise Agreement as Exhibit E.

This means that if you own a Dermani Medspa franchise, you will likely need to sign a guarantee, making you personally liable for the franchise's financial obligations and other commitments outlined in the Franchise Agreement. This is a common practice in franchising, as it provides the franchisor with additional security. The exception is if you hold a small ownership interest (less than 10%), in which case you may not be required to sign a guarantee.

It is important to carefully review Exhibit E of the Franchise Agreement to fully understand the scope of the guarantee and your potential liabilities. Prospective franchisees should consult with a legal and financial advisor to assess the risks and implications of signing a personal guarantee before investing in a Dermani Medspa franchise.