Are the fees described in Item 6 of the Face Foundrie FDD uniform for all franchisees?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
Note 1: Except as noted, all fees are imposed by and payable to us or our affiliates and are non-refundable. All of the fees described above in this Item 6 are intended to be uniform for all franchisees, although, we reserve the right to reduce the royalty fee, or charge a fixed royalty fee, in certain circumstances, in our sole discretion.
Source: Item 6 — OTHER FEES (FDD pages 15–22)
What This Means (2025 FDD)
According to the 2025 Face Foundrie Franchise Disclosure Document, the fees outlined in Item 6 are generally intended to be uniform for all franchisees. However, Face Foundrie retains the right to adjust the royalty fee or implement a fixed royalty fee under specific circumstances, at their sole discretion. This means that while most franchisees can expect to pay the same fees, there are conditions where Face Foundrie may offer a reduced or fixed royalty fee to certain franchisees.
This flexibility allows Face Foundrie to adapt to individual franchisee situations or market conditions. For a prospective franchisee, this implies that the standard fees listed are not necessarily set in stone and may be subject to negotiation or change based on circumstances. However, the discretion lies solely with Face Foundrie, so there is no guarantee of fee adjustments.
It's important for potential Face Foundrie franchisees to understand the conditions under which these fee adjustments might be applied. They should inquire about the specific criteria or situations that would qualify them for a reduced or fixed royalty fee. Understanding these potential exceptions is crucial for accurate financial planning and assessing the overall cost of investment in a Face Foundrie franchise.