What should the Face Foundrie Area Developer do following Franchisor's approval of a proposed site?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
- 3.2.2 Following Franchisor's approval of a proposed site, Area Developer shall use its best efforts to secure such site, either through a lease/sublease that is acceptable to Franchisor herein.
Area Developer shall immediately notify Franchisor of the execution of the approved lease or binding purchase agreement.
The site approved and secured pursuant to this Agreement shall be specified as the "Approved Location" under the Franchise Agreement executed pursuant Section 3.4 below.
Source: Item 23 — RECEIPTS (FDD pages 74–257)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, after the Franchisor approves a proposed site, the Area Developer must exert their best effort to secure the site. This is typically done through a lease or sublease that is acceptable to Face Foundrie.
Following the securing of the site, the Area Developer is required to immediately inform Face Foundrie of the execution of the approved lease or binding purchase agreement. This notification is crucial for keeping Face Foundrie informed about the progress of the site acquisition.
The site that is approved and secured will then be officially designated as the "Approved Location" within the Franchise Agreement. This formalizes the location as the official site for the Face Foundrie Facial Bar under the terms of the agreement, as executed pursuant to Section 3.4.