Does Face Foundrie provide assistance in obtaining facilities, including related financing, architectural, and engineering services, and lease negotiation?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
These pre-opening services include the following services (which the Company may or may not provide all of):
- Assistance in the selection of a site
- Assistance in obtaining facilities and preparing the facilities for their intended use, including related financing, architectural, and engineering services, and lease negotiation
- Training of the franchisee's personnel or the franchisee
- Preparation and distribution of manuals and similar material concerning operations, administration, and record keeping
- Bookkeeping, information technology, and advisory services, including setting up the franchisee's records and advising the franchisee about income, real estate, and other taxes about local regulations affecting the franchisee's business
- Inspection, testing, and other quality control programs
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 73)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, Face Foundrie may provide assistance in obtaining facilities and preparing them for their intended use. This assistance could include related financing, architectural, and engineering services, as well as lease negotiation.
This support is considered part of the pre-opening services that Face Foundrie may offer to franchisees. The FDD indicates that Face Foundrie does not necessarily provide all of these services. The provision of these services is linked to the initial franchise fees, which are allocated to pre-opening services. Revenue is recognized when these pre-opening services have been completed, typically when the franchisee begins operations.
Prospective franchisees should clarify with Face Foundrie exactly which pre-opening services, including facility-related assistance, are included in the franchise agreement and what additional costs or requirements may be associated with these services. Understanding the extent of support offered by Face Foundrie in areas like site selection, financing, and facility preparation is crucial for budgeting and planning the launch of a new franchise location.