What happens if the Face Foundrie Operating Partner cannot continue in their role?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
In the event that your Operating Partner ceases to own at least a 20% ownership interest and voting interest in you, or fails to meet our requirements, you must designate a new Operating Partner within thirty (30) days for our review and approval.
8.03 Management of Facial Bar.
- (a) Franchisee must designate on Exhibit B an "Operating Partner", which individual must be approved by Franchisor and: (a) own and control, or have the right to own and control (subject to terms and conditions reasonably acceptable to Franchisor), not less than a twenty percent (20%) interest in Franchisee's equity and voting rights; (b) have the authority to bind Franchisee regarding all operational decisions with respect to the Facial Bar; and (c) have completed Franchisor's training program to its satisfaction.
The Facial Bar at all times must be supervised by the Operating Partner who has completed the appropriate training programs to our satisfaction.
Any successor or replacement Operating Partner or Salon Manager must successfully compete the initial training program no more than thirty (30) days after appointed, provided that, Franchisor may in its sole discretion offer an abbreviated training program for approved successor or replacement Salon Managers who previously served in designated positions at the Facial Bar. Franchisee is responsible for all related travel and living expenses and wages incurred in connection with any replacement Operating Partner or Salon Manager attending these training sessions, as well as Franchisor's training fee. No such person may offer services to your Facial Bar or supervise your Facial Bar until they have completed the initial training program.
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, if the Operating Partner ceases to own at least a 20% ownership interest and voting interest, or fails to meet Face Foundrie's requirements, the franchisee must designate a new Operating Partner within thirty (30) days for Face Foundrie's review and approval. The Operating Partner is responsible for the full-time supervision of the Face Foundrie Facial Bar.
The designated Operating Partner must (a) own and control, or have the right to own and control, not less than a twenty percent (20%) interest in Franchisee's equity and voting rights; (b) have the authority to bind Franchisee regarding all operational decisions with respect to the Facial Bar; and (c) have completed Franchisor's training program to its satisfaction.
Any successor or replacement Operating Partner must successfully complete the initial training program no more than thirty (30) days after appointed. Face Foundrie may in its sole discretion offer an abbreviated training program for approved successor or replacement Salon Managers who previously served in designated positions at the Facial Bar. The franchisee is responsible for all related travel and living expenses and wages incurred in connection with any replacement Operating Partner or Salon Manager attending these training sessions, as well as Face Foundrie's training fee. No such person may offer services to your Facial Bar or supervise your Facial Bar until they have completed the initial training program.