What is the definition of 'Premises' in the context of the Face Foundrie Lease Rider?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
- 3.02 Premises. The rights granted to Franchisee hereunder shall be non-exclusive and shall be restricted to the operation of a single Facial Bar to be located at the Premises.
During the term of this Agreement, the Premises shall be used exclusively to operate the Facial Bar.
Franchisee agrees not to carry on or conduct or permit others to carry on or conduct any other business, activity or operation at the Facial Bar or the Premises, without first obtaining the written consent of Franchisor.
In connection with the execution of any lease or sublease for the Premises, Franchisee must execute, and cause the lessor and/or sublessor of the Premises to execute, the Lease Rider attached to this Agreement as Exhibit G.
Without Franchisor's prior written consent, Franchisee shall not (a) execute a lease, sublease or purchase agreement for the Premises, or (b) execute any amendment to, or agree to any modifications to, a lease, sublease or purchase agreement for the Premises.
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, the 'Premises' refers to the physical location where the Face Foundrie Facial Bar is operated. Specifically, the rights granted to a franchisee are restricted to operating a single Facial Bar located at the Premises. During the term of the Franchise Agreement, the franchisee must use the Premises exclusively for operating the Facial Bar.
The Franchise Agreement stipulates that franchisees cannot conduct any other business, activity, or operation at the Facial Bar or the Premises without obtaining prior written consent from Face Foundrie. This ensures that the location is solely dedicated to the operation of the Face Foundrie franchise, maintaining brand consistency and preventing any unauthorized activities.
Furthermore, in connection with securing a location, the franchisee must ensure that the lessor or sublessor of the Premises executes the Lease Rider attached to the Franchise Agreement. The franchisee also needs to obtain Face Foundrie's prior written consent before executing any lease, sublease, or purchase agreement for the Premises, or any amendments or modifications to such agreements. This provision allows Face Foundrie to maintain control over the location and ensure it meets their standards and requirements.
Upon termination or expiration of the Franchise Agreement, Face Foundrie has the option to take assignment of any lease or sublease for the Premises. If Face Foundrie does not exercise this option, the franchisee is responsible for modifying the exterior and interior of the Facial Bar and the Premises to eliminate any identification as a Face Foundrie Facial Bar. This includes removing or covering all signs and materials bearing Face Foundrie's trademarks, ensuring a clean break from the franchise system.