What does the Face Foundrie rent estimate include?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
Rent.
These figures presume that you will be leasing the Facial Bar premises.
The estimate in the table above includes your first month's rent payment, security deposits and utility deposits (for example, telephone, electricity, gas and water).
We have assumed that any security deposit to your landlord will equal one month's rent, although this may vary from landlord to landlord.
The low range of the estimate assumes that you obtain a free rent period from your landlord after your opening and/or you are not required to pay a security deposit to your landlord, and the high range assumes you paid a security deposit and first month's rent.
Both the low and high ranges assume that rent during buildout of the space has been waived or discounted.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–27)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, the rent estimate provided in the initial investment table includes the first month's rent payment, security deposits, and utility deposits such as those for telephone, electricity, gas, and water. The estimate assumes that the security deposit will equal one month's rent, though this can vary.
The lower end of the rent estimate range accounts for scenarios where a franchisee obtains a free rent period after opening or is not required to pay a security deposit. Conversely, the higher end of the estimate range assumes that the franchisee pays both a security deposit and the first month's rent. Both the high and low estimates assume that rent during the build-out phase of the space is either waived or discounted.
Prospective Face Foundrie franchisees should verify local market rates for commercial retail spaces, as these figures are based on the brand's experience opening affiliate-owned locations and franchisees' experiences opening franchised locations in 2024. The FDD notes that these figures may vary considerably in other parts of the United States, so franchisees should conduct thorough due diligence to understand the potential rental costs in their specific area.