What does the Face Foundrie Franchisee acknowledge by signing the Franchise Agreement?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
- 1.03 Representations. Franchisee and its Owners, jointly and severally, represent and warrant to Franchisor that: (a) neither Franchisee nor any of its Owners have made any untrue statement of any material fact or has omitted to state any material fact in the written information submitted in obtaining the rights granted hereunder; (b) neither Franchisee nor any of its Owners have any direct or indirect legal or beneficial interest in any beauty-related business that may be deemed a Competitive Business, except as Franchisee has otherwise completely and accurately disclosed in writing to Franchisor in connection with obtaining the rights granted hereunder; and (c) the execution and performance of this Agreement will not violate any other agreement to which Franchisee or any of its Owners may be bound.
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, by signing the Franchise Agreement, the franchisee acknowledges several key aspects. The franchisee confirms they have read the agreement and the Franchise Disclosure Document (FDD). They accept that delivering high-quality beauty services and products requires a specific approach to service, products, and customer experience, which is impacted by the quality of people and training, and may not be typical in other beauty-related businesses. The franchisee understands and accepts the terms of the agreement as reasonably necessary to maintain Face Foundrie's high-quality standards across all locations, thereby protecting the brand's goodwill and the integrity of its system.
Furthermore, the franchisee acknowledges conducting an independent investigation of the business and recognizes the highly competitive nature of the beauty services industry, which is subject to constantly changing market conditions. They understand that the nature of Face Foundrie Facial Bars may evolve over time. The franchisee also recognizes that investing in a Face Foundrie Facial Bar involves business risks and that their success largely depends on their own abilities, efforts, and financial resources. The franchisee also agrees to truthfully fill out the Franchisee Acknowledgment attached as Exhibit H.
Additionally, Face Foundrie and the franchisee acknowledge their desire for all terms of their franchise relationship to be defined in the written agreement. They both agree that neither party wants a business relationship where terms are subject to oral statements or where oral statements create rights or obligations that differ from those in the agreement. The franchisee confirms they have had a copy of Face Foundrie's FDD for at least fourteen calendar days before signing the agreement or paying any consideration to Face Foundrie. The franchisee also confirms they've had the opportunity to have the agreement reviewed by professionals of their choosing before signing.