If I sign an Area Development Agreement with Face Foundrie, will I also sign a Franchise Agreement?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
We also offer qualified people the right to develop multiple Facial Bars within a specific territory under the terms of an "Area Development Agreement." The minimum number of Facial Bars required to be open under the Area Development Agreement is two (2). The form of Area Development Agreement is attached as Exhibit C. If you sign an Area Development Agreement, you will, at the same time, sign a Franchise Agreement for your first Facial Bar in the form attached to this Disclosure Document as Exhibit B, and then you will sign a separate then-current form of the Franchise Agreement for each additional Facial Bar you develop under your Area Development Agreement, which may differ from the current Franchise Agreement attached to this Disclosure Document.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–11)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, if you enter into an Area Development Agreement, you will also sign a Franchise Agreement. Specifically, when signing an Area Development Agreement with Face Foundrie, you must simultaneously sign a Franchise Agreement for your first Facial Bar. This initial Franchise Agreement will be in the form attached as Exhibit B to the FDD.
For each additional Face Foundrie Facial Bar you develop under the Area Development Agreement, you will then sign a separate Franchise Agreement. The FDD notes that the form of the Franchise Agreement you sign for these additional locations may differ from the initial Franchise Agreement (Exhibit B) signed when you entered into the Area Development Agreement. This implies that the terms and conditions for subsequent franchises might be updated or modified by Face Foundrie.
In summary, signing an Area Development Agreement with Face Foundrie involves a commitment to open a minimum of two Facial Bars. This commitment is formalized through the initial Franchise Agreement signed concurrently with the Area Development Agreement, and subsequent Franchise Agreements for each additional location developed within the designated territory.