Does Face Foundrie require franchisees to have the franchise agreement reviewed by professionals of their choosing before executing it?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| Yes | No | 1. Have you received and personally reviewed the Franchise Disclosure Document ("Disclosure Document") we provided? |
|---|---|---|
| Yes | No | 2. Did you sign a receipt for the Disclosure Document indicating the date you received it, which was at least 14 calendar days before signing the Franchise Agreement? |
| Yes | No | 3. Do you understand all the information contained in the Disclosure Document and the Franchise Agreement? |
| Yes | No | 4. Have you reviewed the Disclosure Document and the Franchise Agreement with a lawyer, accountant or other professional advisor? |
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to the 2025 Face Foundrie Franchise Disclosure Document, Face Foundrie does not mandate that franchisees consult with a lawyer, accountant, or other professional advisor before signing the franchise agreement. However, Face Foundrie includes a Franchisee Acknowledgement form (Exhibit H) that contains a question asking whether the franchisee has reviewed the Disclosure Document and the Franchise Agreement with a lawyer, accountant, or other professional advisor. The franchisee is expected to answer truthfully.
This acknowledgement serves to confirm that the franchisee has had the opportunity to seek independent advice and understands the terms and conditions of the agreement. It also helps Face Foundrie ensure that franchisees are making informed decisions and are aware of the potential risks and benefits associated with investing in a Face Foundrie franchise.
While Face Foundrie does not require professional consultation, answering 'yes' to having sought professional advice on the Franchisee Acknowledgement form could demonstrate that the franchisee entered the agreement with a clear understanding of its implications. Prospective franchisees should carefully consider the complexity and long-term nature of the franchise agreement and seek professional advice to fully understand their rights and obligations.