What must the Area Developer immediately notify Face Foundrie of regarding the approved site?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
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 Face Foundrie approves a proposed site, the Area Developer must use their best efforts to secure the site through a lease or binding purchase agreement that is acceptable to Face Foundrie.
The Area Developer is then obligated to immediately inform Face Foundrie of the execution of the approved lease or binding purchase agreement. This notification is crucial because it marks a significant step in the development process, allowing Face Foundrie to keep track of the progress and ensure that the site meets their standards.
Once the site is secured, it will be designated as the "Approved Location" under the Franchise Agreement. This formalizes the location as the official site for the Face Foundrie Facial Bar, setting the stage for further development and operational planning. This process ensures that both the Area Developer and Face Foundrie are aligned on the chosen location and its suitability for the business.