Who bears the expense of training for the transferee of a Face Foundrie franchise?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
e's duties and obligations hereunder and/or, as required by Franchisor, execute the form of franchise agreement then being offered to new System franchisees, and such other ancillary agreements required by Franchisor for the Facial Bar franchised hereunder, which agreements shall supersede this Agreement and its ancillary documents in all respects, and the terms of which may differ from the terms of this Agreement including, without limitation, higher and/or additional fees;
- (d) The transferee (and, if the transferee is not an individual, the Operating Par
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, the transferee is responsible for the expenses associated with their training. Specifically, the transferee must successfully attend and complete any training programs in effect for operators at their own expense.
This means that if you are looking to buy an existing Face Foundrie franchise from a current franchisee, you, as the potential new owner (transferee), will need to budget for the costs of the required training. These costs can include travel, lodging, and any fees associated with the training program itself. This is a standard practice in franchising, as it ensures that the new owner is properly trained in the Face Foundrie system and meets the brand's operational standards.
Furthermore, the franchisee or the proposed transferee must pay Face Foundrie a transfer fee. This fee covers legal, accounting, and training expenses incurred by Face Foundrie in connection with the transfer. The transfer fee is the greater of $10,000 or the total expenses incurred by Face Foundrie. Therefore, a prospective franchisee should consider both the direct training expenses and the potential for these expenses to be included in the overall transfer fee when planning to purchase a Face Foundrie franchise.