What rights does the Lease Rider grant to Face Foundrie?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
You must purchase or lease a retail space for your Facial Bar that meets our standards and specifications. We must approve your location; we have the right to review, evaluate, and approve your proposed lease before execution. We may condition our approval of any proposed lease on, among other things, the execution of a Lease Rider where your landlord grants us the right to assume your rights and obligations under the lease in the event that you breach your lease agreement or your Franchise Agreement is terminated or expires. We may require you to deliver executed copies of the lease and the Lease Rider to us within five days of receiving a request from us. Our current form of Lease Rider is attached as Exhibit G to the Franchise Agreement.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 27–31)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, Face Foundrie requires franchisees to secure retail space that meets their standards. Before a franchisee executes a lease, Face Foundrie has the right to review, evaluate, and approve the proposed lease. Face Foundrie may require a Lease Rider as a condition of approval.
The Lease Rider grants Face Foundrie the right to assume the franchisee's rights and obligations under the lease. This comes into effect if the franchisee breaches the lease agreement or if the Franchise Agreement is terminated or expires. Face Foundrie may also require the franchisee to provide executed copies of the lease and the Lease Rider within five days of a request from them.
This Lease Rider is designed to protect Face Foundrie's interests by ensuring they can maintain control over the location of a Facial Bar even if the franchisee is no longer operating the business. Exhibit G to the Franchise Agreement contains the current form of the Lease Rider.