What is the definition of 'Operating Partner' for a Face Foundrie franchise?

According to Face Foundrie's 2025 Franchise Disclosure Document, an Operating Partner is defined as an individual the franchisee designates in Exhibit B of the Franchise Agreement, subject to the franchisor's approval. This individual plays a crucial role in the management and operation of the Face Foundrie Facial Bar.

The Operating Partner must meet specific criteria, including owning or having the right to own at least 20% of the franchisee's equity and voting rights, with terms acceptable to Face Foundrie. They must also have the authority to make operational decisions for the Facial Bar and complete Face Foundrie's training program to the franchisor's satisfaction. This ensures that the Operating Partner is well-versed in the brand's standards and procedures.

The Operating Partner is required to devote their full-time efforts to the Facial Bar and cannot engage in other business activities that demand significant time or responsibility without Face Foundrie's approval. This commitment ensures that the Facial Bar receives the necessary attention and management. The Facial Bar must be supervised by the Operating Partner who has completed the required training programs. If the Operating Partner ceases to meet the requirements, the franchisee has 30 days to designate a new Operating Partner for the franchisor's review and approval.

Prospective franchisees should carefully consider the implications of the Operating Partner role, ensuring they identify an individual who meets the qualifications and is willing to commit the necessary time and effort to the business. Franchisees must provide Face Foundrie with the Operating Partner's information and keep it current. This ensures that Face Foundrie maintains oversight and can ensure the brand's standards are upheld.