Who is responsible for the expense of Refurbishments of the Premises for a Face Foundrie franchise?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee's acquisition of a successor franchise is further conditioned on Franchisee refurbishing the premises of the Facial Bar at Franchisee's expense to conform the Facial Bar to the then-current image for new Face Foundrié Facial Bars, including, without limitation, with respect to trade dress, color schemes and presentation of the Marks ("Refurbishments"). Refurbishments may include structural changes, installation of new equipment and signs, remodeling, redecoration and modifications to existing improvements. Refurbishments are intended to be large-scale re-equipping, refurbishing and remodeling of the Facial Bar, and nothing contained in this Section 15.01 will limit Franchisee's other obligations under this Agreement or the Operations Manual.
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to the 2025 Face Foundrie Franchise Disclosure Document, the franchisee is responsible for the expense of refurbishing the premises. Specifically, this obligation arises if the franchisee seeks to acquire a successor franchise.
The refurbishment ensures that the Facial Bar conforms to the current image standards for new Face Foundrie locations. These refurbishments may involve significant undertakings such as structural changes, the installation of new equipment and signs, remodeling, redecoration, and modifications to existing improvements.
This requirement is a notable financial consideration for franchisees considering renewing their franchise agreement. The costs associated with these refurbishments can be substantial, potentially impacting the profitability of the franchise. It is important for prospective franchisees to factor in these potential future expenses when evaluating the overall investment and long-term financial viability of a Face Foundrie franchise.