exception

What was the exception to the standard Face Foundrie Development Fee in the last fiscal year?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

the Area Development Agreement and are nonrefundable. In our last fiscal year, our Development Fee was uniformly $36,000 multiplied by the number of Facial Bars to be developed under an Area Development Agreement, which was our then-current Development Fee, except that we allowed one existing area d

Source: Item 5 — INITIAL FEES (FDD pages 13–15)

What This Means (2025 FDD)

According to Face Foundrie's 2025 Franchise Disclosure Document, the standard Development Fee was $36,000 multiplied by the number of Facial Bars to be developed under an Area Development Agreement. However, in the last fiscal year, Face Foundrie made an exception for one existing area developer, allowing them to purchase additional units for a reduced fee of $32,500 each. This exception demonstrates that Face Foundrie may, under certain circumstances, offer a discounted Development Fee.

For a prospective franchisee, this information suggests that the Development Fee is not always fixed and may be negotiable, particularly for existing area developers looking to expand their operations. However, it's important to note that this was a one-time exception, and Face Foundrie is not obligated to offer similar discounts to other franchisees.

It is important for potential franchisees to inquire about the conditions under which such exceptions are made and whether they might qualify for a reduced Development Fee. Understanding the factors that influence the Development Fee can help franchisees better assess the financial feasibility of developing multiple Face Foundrie locations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.