What is covered in Section 1 of the Face Foundrie Franchise Agreement?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
NOW, THEREFORE, for and in consideration of the covenants and agreements hereinafter set forth, the parties hereto covenant and agree as follows:
1. INTRODUCTION.
- 1.01 Face Foundrié Facial Bars. Franchisor and its Affiliates own, operate and franchise Face Foundrié Facial Bars. Franchisor has developed and owns a comprehensive system for developing and operating Face Foundrié Facial Bars, which includes trademarks, designs and layouts, distinctive standards, specifications and requirements for products, services, equipment, materials, and supplies; uniform standards, specifications, procedures and methods for operations and customer service standards; procedures for inventory and management control; training and assistance; technology standards; trade dress; marketing, advertising and promotional programs; and certain operational and business standards and policies, all of which Franchisor may add to, remove, change, improve, further develop or otherwise modify from time to time.
- 1.02 Acknowledgments. Franchisee acknowledges and agrees that it or its authorized officers have read this Agreement and Franchisor's franchise disclosure document. By signing this Agreement, Franchisee accepts the proposition that to deliver and execute high-quality services and products in connection with beauty-related services and products requires a specific approach to the services, products, and customer experience (impacted by the quality of people and training) not typically found in other beauty-related businesses. Franchisee understands the terms of this Agreement and accepts them as being reasonably necessary to maintain the uniformity of Franchisor's high-quality standards at all Face Foundrié Facial Bars in
order to protect and preserve the goodwill of the Marks and the integrity of the System. Franchisee has conducted an independent investigation of the business contemplated by this Agreement and recognizes that the beauty services industry is highly competitive, with constantly changing market conditions. Franchisee recognizes that the nature of Face Foundrié Facial Bars may change over time, that an investment in a Face Foundrié Facial Bar involves business risks, and that the success of the venture is largely dependent on Franchisee's own abilities, efforts and financial resources. Franchisee or its Owners shall truthfully fill out the Franchisee Acknowledgment attached hereto as Exhibit H.
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, Section 1 of the Franchise Agreement covers the introduction to the Face Foundrie facial bar concept. It states that Face Foundrie and its affiliates own, operate, and franchise Face Foundrie Facial Bars. They have developed and own a comprehensive system for these bars, including trademarks, designs, layouts, standards, specifications, and requirements for products, services, equipment, materials, and supplies. The system also includes uniform standards, procedures, and methods for operations and customer service, inventory and management control, training and assistance, technology standards, trade dress, and marketing programs. Face Foundrie retains the right to modify this system over time.
Section 1 also includes acknowledgements from the franchisee. The franchisee acknowledges that they have read the agreement and the franchise disclosure document. By signing, the franchisee accepts that delivering high-quality beauty services and products requires a specific approach to services, products, and customer experience, which includes the quality of people and training. The franchisee understands and accepts the terms of the agreement as reasonably necessary to maintain uniformity and protect the goodwill of the marks and the integrity of the system.
Furthermore, the franchisee acknowledges conducting an independent investigation of the business and recognizes the competitive nature and changing market conditions of the beauty services industry. The franchisee recognizes that the nature of Face Foundrie Facial Bars may change over time, that an investment involves business risks, and that success depends largely on their own abilities, efforts, and financial resources. The franchisee or its owners must truthfully fill out the Franchisee Acknowledgment attached as Exhibit H.