What must a Face Foundrie area developer provide to avoid termination after curing a default?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
Unless waived, a transfer of the Area Development Agreement is conditioned on, among other factors, the requirement that the proposed transfer of the Area Development Agreement be made in conjunction with a simultaneous transfer of all existing Franchise Agreements to the same approved transferee. Additionally, your first Facial Bar under your first Franchise Agreement must be open and operating.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION OF THE FRANCHISE RELATIONSHIP (FDD pages 51–59)
What This Means (2025 FDD)
Based on the 2025 Face Foundrie Franchise Disclosure Document, specific requirements for an area developer to avoid termination after curing a default are not explicitly detailed in the provided excerpts. While Item 17 discusses termination conditions and transfer requirements, it does not outline the precise steps an area developer must take after curing a default to prevent termination.
However, the FDD does mention conditions for transfer of the Area Development Agreement. Specifically, unless waived by Face Foundrie, a transfer of the Area Development Agreement must be made with a simultaneous transfer of all existing Franchise Agreements to the same approved transferee. Additionally, the first Facial Bar under the first Franchise Agreement must be open and operating. These conditions suggest that maintaining active and compliant franchise agreements is crucial for an area developer.
To fully understand the obligations of a Face Foundrie area developer after curing a default, it is essential to consult the Area Development Agreement itself and seek clarification from the franchisor. A prospective franchisee should inquire about specific performance requirements, documentation, or assurances Face Foundrie may require to ensure the area developer's commitment to fulfilling the agreement and preventing future defaults. Understanding these post-cure obligations is vital for protecting the investment and maintaining a positive relationship with the franchisor.